ABC applies manufacturing overhead at the rate of $100 per DL hour. Job # 100 incurred $1638 of direct materials cost. ABC used 57 direct labour hours to complete the job. The wage rate paid during this time period was $17 per hour. Compute the cost of Job #100 Round to two decimal places. Do not enter commas, $ or words. For example, enter "1234.56" and not "$1,234.56 per machine hour"

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Topic Video
Question

please answer do not image.

ABC applies manufacturing overhead at the rate of
$100 per DL hour.
Job # 100 incurred $1638 of direct materials cost.
ABC used 57 direct labour hours to complete the
job. The wage rate paid during this time period was
$17 per hour.
Compute the cost of Job #100
Round to two decimal places. Do not enter
commas, $ or words. For example, enter
"1234.56" and not "$1,234.56 per machine
hour"
Transcribed Image Text:ABC applies manufacturing overhead at the rate of $100 per DL hour. Job # 100 incurred $1638 of direct materials cost. ABC used 57 direct labour hours to complete the job. The wage rate paid during this time period was $17 per hour. Compute the cost of Job #100 Round to two decimal places. Do not enter commas, $ or words. For example, enter "1234.56" and not "$1,234.56 per machine hour"
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Performance measurements
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education