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mr_godi [17]
3 years ago
14

Copy Center pays an average wage of $12 per hour to employees for printing and copying jobs, and allocates $18 of overhead for e

ach employee hour worked. Direct materials are assigned to each job according to actual cost. If Job M-47 used $355 of direct materials and took 20 direct labor hours of labor to complete, what is the total cost that should be assigned to the job
Business
1 answer:
Charra [1.4K]3 years ago
6 0

Answer:

Total cost= $955

Explanation:

<u>Giving the following information:</u>

Direct labor cost per hour= $12

Predetermined overhead rate= $18 per direct labor hour

<u>Job M-47 :</u>

Direct material= $355

Number of direct labor hours= 20

Total cost= 355 + 12*20 + 18*20

Total cost= 355 + 240 + 360

Total cost= $955

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