Pinnacle Inc. manufactures curtains to client specifications, It has two cost categories that are directly traced to its products: materials and labor. It also has estimated overhead that consists of: • annual manufacturing supervisor's salary of $144,261 • annual manufacturing plant cleaning costs of $134,360 • annual manufacturing plant utilities of $135.978 Pinnacle is trying to calculate the cost of making Job #454, which includes: $11.351 in materials • 35 hours of labor @ $12 per hour The company also expects to use 20,367 labor hours for the year, If Pinnacle allocates overhead based on $250.000 estimated direct labor dollars what is the total cost ofJob #454? "Hint, make a job order cost sheet for Job 454. It should include materials, labor, and overhead. Round each step to the nearest 2 decimal places. For your final answer, round to the nearest dollar.

Pinnacle Inc. manufactures curtains to client specifications, It has two cost categories that are directly traced to its products: materials and labor. It also has estimated overhead that consists of: • annual manufacturing supervisor's salary of $144,261 • annual manufacturing plant cleaning costs of $134,360 • annual manufacturing plant utilities of $135.978 Pinnacle is trying to calculate the cost of making Job #454, which includes: $11.351 in materials • 35 hours of labor @ $12 per hour The company also expects to use 20,367 labor hours for the year, If Pinnacle allocates overhead based on $250.000 estimated direct labor dollars what is the total cost ofJob #454? "Hint, make a job order cost sheet for Job 454. It should include materials, labor, and overhead. Round each step to the nearest 2 decimal places. For your final answer, round to the nearest dollar.

Name: Pinnacle Inc. manufactures curtains to client specifications, It has
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Description: Pinnacle Inc. manufactures curtains to client specifications, It has two cost categories that are directly traced to its products: materials and labor, Italso has estimated overhead that consists of:• annual manufacturing supervisor's salary of $144

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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