FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question

Job cost

Job 887 was recently completed. The following data have been recorded on its job cost sheet: Direct materials $2,556 Direct labor-hours 81 labor-hours Direct labor wage rate $18 per labor-hour Machine-hours 130 machine-hours The Corporation applies to manufacture overhead on the basis of machine hours. The predetermined overhead rate is $15.8 per machine hour. The total cost that would be recorded on the job cost sheet for Job 887 would be
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Transcribed Image Text:Job 887 was recently completed. The following data have been recorded on its job cost sheet: Direct materials $2,556 Direct labor-hours 81 labor-hours Direct labor wage rate $18 per labor-hour Machine-hours 130 machine-hours The Corporation applies to manufacture overhead on the basis of machine hours. The predetermined overhead rate is $15.8 per machine hour. The total cost that would be recorded on the job cost sheet for Job 887 would be
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