Calculate the selling price of job No. 102 if Material issued to job is OMR 2,500, Material retuned to store is OMR 200, Material transferred from Job No.111 is OMR 300, Labour cost OMR 1,200, direct expenses are OMR 800, indirect labour OMR 1,600 and office overheads are OMR 700. Job is complete and sold to customer at 20% profit on cost.

A company has an overhead application rate of 120% of direct labor costs. How much overhead would be allocated to a job if it required total labor costing $30,000? O $6.000 O $25.000 O $36,000 O $187.500 O $360.000 Question 10 O.K. Company uses a job order cost accounting system and allocates its overhead on the basis of direct labor costs. O.K. expects to incur $1,100,000 of overhead during the next period and expects to use 50,000 labor hours at a cost of $10.00 per hour. What is O.K. Company's overhead application rate? O 4.55% O 45.45% O 220% O 227% O 2,200% Question 11

During the month of January 2020, the job-cost record for Job 123 shows the following:       Job 123:   Machine Department Assembly Department Manufacturing overhead costs   19 500   7 500   Direct manufacturing labor costs   1 350   1 875   Direct manufacturing labor-hours   30   105   Machine-hours 210 30   Compute the total manufacturing overhead cost allocated to Job 123.   Assume that Job 123 produced 450 units, calculate the cost per unit.

Copr., Goedl Job Blue2B incurred the following: $15,000 direct material, $12,600 direct labor, 800 machine hours and 550 labor hours. The company uses a single organization-wide overhead rate based on machine hours. The overhead rate is $6 per machine hour. The markup percentage is 200%. What is the selling price for Job Blue2B? O $61,800 O $71,400 O $64,800 O $55,200

Saved The following date Is for a company that uses a job-order costing system: Estimated direct labor hours Estimated manufacturing overhead costs Actual direct labor hours Actual manufacturing overhead costs 12,000 $39,000 11,000 S37,000 Overhead Is applied based on direct labor-hours. What Is the predetermined overhead rate? Multiple Cholce $3.08 per direct labor-hour $3.25 per direct labor-hour $3.36 per direct labor-hour $3.55 per direct labor-hour

Job XXX required 260 direct labour hours of which 220 hours were incurred during the current accounting period. The predetermined overhead cost rate is £7.50 per direct labour hour. How much overhead should be applied to Job XXX during the current accounting period?     a. £1,650   b. £366   c. £1,950   d. £915

Hill Company uses job-order costing. At the end of the month, the following data was gathered: ​ Job # Total Cost Complete? Sold? 803 $611 yes yes 804 423 yes no 805 805 no no 806 682 yes yes 807 525 yes no 808 250 no no 809 440 yes yes 810 773 yes no 811 267 no no 812 341 no no ​ Hill's selling price is cost plus 50% for each of its products. ​ What is the total amount of Finished Goods? a. $1,721 b. $2,230 c. $1,700 d. $1,860 e. $2,163

O d. applied manufacturing overhead. Company XYZ uses a job order costing system. During the year, Job XY was started and completed. The total manufacturing cost of this Job was $15,000. The job includes 100 units. If the company uses a markup percentage of 110% of its total manufacturing cost, then what selling price per unit would it have established for Job XY? Select one: O a. $165 Ob. $260 O c. $330 O d. $315 O e. None of the answers given enovo FO F6 2 SE B LL

Cosi Company uses a job order costing system and allocates its overhead on the basis of direct labor costs. Cosi expects to incur $740,000 5 of overhead during the next period, and expects to use 44,000 labor hours at a cost of $10.00 per hour. What is Cosi Company's predetermined overhead rate? Multiple Choice D C 5.95%. 59.5% 168%. 1682%.

nline A company uses a job-order costing system and has provided the following partially completed T-account summary for the past year. Bal. 1/1 Debits Bal. 12/31 Finished Goods 43,000 Credits ? 50,000 The Cost of Goods Manufactured for the year was $450,000. The unadjusted Cost of Goods Sold for the year was: