Question

Job 910 was recently completed. The following data have been recorded on its job cost sheet: Direct materials $ 2,483 Direct labor-hours 77 labor-hours Direct labor wage rate $ 19 per labor-hour Machine-hours 136 machine-hours The Corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $20 per machine-hour. The total cost that would be recorded on the job cost sheet for Job 910 would be:

Answer 1

Answer:

$6666

Explanation:

Given:

Direct materials  = $ 2,483

Direct labor-hours = 77 hours

Direct labor wage rate =  $ 19 per labor-hour

Machine-hours = 136 hours

The predetermined overhead rate = $20 per machine-hour.

Solution:

To find the total cost , we will add the following cost: Direct materials cost, Direct labor cost, Machine using cost

Direct labor cost = Direct labor-hours $\times$ Direct labor wage rate

Direct labor cost = $77\times19 = \ 1463$

Machine using cost = Machine-hours used $\times$ predetermined overhead rate

Machine using cost = $136\times20=\ 2720$

Total cost = $ 2,483 + $1463 + $2720 = $6666

Therefore,  The total cost that would be recorded on the job cost sheet for Job 910 would be $6666