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

- Enter answers as whole numbers. Do not use signs such as $, %, or commas. For example, write 1234 instead of $1234.
- Indicate negative numbers with a minus sign. For instance, write -1234 instead of -$1234.
- Round to the nearest whole number, e.g., write 1235 for 1234.60.

**Gremlin Company Manufacturing Departments**

Gremlin Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates are $27.00 per direct labor-hour for Assembly and $23.00 per direct labor-hour for Testing & Packaging. The company's direct labor wage rate is $29.00 per hour. 

**Job N-60 Details:**

|                      | Assembly | Testing & Packaging |
|----------------------|----------|---------------------|
| Direct materials     | $415     | $55                 |
| Direct labor         | $348     | $87                 |

**Total Direct Labor Hours:**

- Assembly: 12 DLH
- Testing & Packaging: 3 DLH

**Requirements:**

1. What is the total Direct Materials cost for Job N-60?
2. What is the total Direct Material Cost for Job N-60 (repeated)?
3. What is the total Direct Labor cost for Job N-60?
4. What is the Total MOH cost allocated to Job N-60?
5. What is the Total Cost of Job N-60?
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Transcribed Image Text:**Instructions:** - Enter answers as whole numbers. Do not use signs such as $, %, or commas. For example, write 1234 instead of $1234. - Indicate negative numbers with a minus sign. For instance, write -1234 instead of -$1234. - Round to the nearest whole number, e.g., write 1235 for 1234.60. **Gremlin Company Manufacturing Departments** Gremlin Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates are $27.00 per direct labor-hour for Assembly and $23.00 per direct labor-hour for Testing & Packaging. The company's direct labor wage rate is $29.00 per hour. **Job N-60 Details:** | | Assembly | Testing & Packaging | |----------------------|----------|---------------------| | Direct materials | $415 | $55 | | Direct labor | $348 | $87 | **Total Direct Labor Hours:** - Assembly: 12 DLH - Testing & Packaging: 3 DLH **Requirements:** 1. What is the total Direct Materials cost for Job N-60? 2. What is the total Direct Material Cost for Job N-60 (repeated)? 3. What is the total Direct Labor cost for Job N-60? 4. What is the Total MOH cost allocated to Job N-60? 5. What is the Total Cost of Job N-60?
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