Muscat Sayarati Co. uses a job-order costing system with a single plantwide predetermined overhead rate based on labor-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $525,000, variable manufacturing overhead of $6.00 per labor-hour, and 35,000 labor-hours. The job sheet of Job G828 shows that the number of units in this job order is 45 units which incurred total of 90 labor-hours. This job consumed $14/unit of direct materials cost and $64/unit of direct labor costs. What would be the total ?cost for Job G828 approximately

Muscat Sayarati Co. uses a job-order costing system with a single plantwide predetermined overhead rate based on labor-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $525,000, variable manufacturing overhead of $6.00 per labor-hour, and 35,000 labor-hours. The job sheet of Job G828 shows that the number of units in this job order is 45 units which incurred total of 90 labor-hours. This job consumed $14/unit of direct materials cost and $64/unit of direct labor costs. What would be the total ?cost for Job G828 approximately

Name: Muscat Sayarati Co. uses a job-order costing system with a single pla
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Description: Muscat Sayarati Co. uses a job-order costing system with a single plantwidepredetermined overhead rate based on labor-hours. The company based itspredetermined overhead rate for the current year on total fixedmanufacturing overhead cost of $525,000,

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Muscat Sayarati Co. Uses a job - order costing system with a single plantwide predetermined overhead rate based on labor - hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $ 525,000, variable manufacturing overhead of $ 6.00 per labor hour, and 35,000 labor - hours. The job sheet of Job G828 shows that the number of units in this job order is 45 units which incurred total of 90 labor - hours. This job consumed $ 14 / unit of direct materials cost and $ 64 / unit of direct labor costs. What would be the total cost for Job G828 approximately? a. $ 4,860 b. $ 4,455 C. $ 5,400 d. $ 4.185
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