11. BECKY uses a job order cost system and applies factory overhead to production orders on the basis of direc-labor cost. The overhead rates for 2011 are 200% for Department A and 50% for Department B. Job 123 started and completed during 2013 as charged with the following costs: Department A Direct materials P 25,000 P 5,000 Direct labor ? 30,000 Factory overhead 40,000 ? The total manufacturing costs associated with Job 123 should be P 180,000 A P 135,000 C P 195,000 D P 240,000
11. BECKY uses a job order cost system and applies factory overhead to production orders on the basis of direc-labor cost. The overhead rates for 2011 are 200% for Department A and 50% for Department B. Job 123 started and completed during 2013 as charged with the following costs: Department A Direct materials P 25,000 P 5,000 Direct labor ? 30,000 Factory overhead 40,000 ? The total manufacturing costs associated with Job 123 should be P 180,000 A P 135,000 C P 195,000 D P 240,000
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter3: Process Cost Systems
Section: Chapter Questions
Problem 4E: The cost accountant for River Rock Beverage Co. estimated that total factory overhead cost for the...
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