Newhard Company assigns overhead costs to jobs on the basis of 112% of direct labor costs. The job cost sheet for Job 313 includes $19,952 in direct materials cost and $10,400 in direct labor cost. A total of 1,500 units were produced in Job 313. Required: a. What is the total manufacturing cost assigned to Job 313? b. What is the unit product cost for Job 313?
Newhard Company assigns overhead costs to jobs on the basis of 112% of direct labor costs. The job cost sheet for Job 313 includes $19,952 in direct materials cost and $10,400 in direct labor cost. A total of 1,500 units were produced in Job 313. Required: a. What is the total manufacturing cost assigned to Job 313? b. What is the unit product cost for Job 313?
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 2PA: York Company Is a machine shop that estimated overhead will be $50,000, consisting of 5,000 hours of...
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