Please note: a. Only whole numbers are to be entered as answers. Therefore, DO NOT put any signs in such as $, %, , or a comma etc. in your answer. For example, if your answer is $1234 you should write 1234 as y answer and if your answer is 4%, write 4 as your answer. b. Indicate a negative number by putting a minus sign in front. Therèfore, if your answer is negative 1234 you need to post -1234 as your answer. c. Round your answer to the nearest whole number, i.e. no decimal points. So if your answer is 1234.60 you should write 1235. Gremlinl Company has two manufacturing departments-Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $27.00 per direct labor-hour and $23.00 per dire hour, respectively. The company's direct labor wage rate is $29.00 per hour. The following information pertains to Job N-60: Testing & Packaging Assembly Direct materials %24 415 %24 55 Direct labor 348 87 Total direct labor hours for each department 12 DLH 3 DLH Required: 1. What is the total Direct Materials cost for Job N-60. 2. What is the total Direct Material Cost for Job N-60. 3. What is the total Direct labor cost for Job N-60. 4. What is the Total MOH cost allocated to Job N-60

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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**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?
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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