17. Combate Company uses a job order cost system and applies factory overhead on the basis of the direct labor cost. The overhead rates for 2020 are 200% for department A and 50% for Department B. Job 123, started and completed during 2020 was charged with the following costs: Department ADepartment B Direct materialsP25,000P5,000 Direct labor ?30,000 Factory overhead 40,000 ? What is the total manufacturing costs associated with Job 123?
17. Combate Company uses a job order cost system and applies factory overhead on the basis of the direct labor cost. The overhead rates for 2020 are 200% for department A and 50% for Department B. Job 123, started and completed during 2020 was charged with the following costs: Department ADepartment B Direct materialsP25,000P5,000 Direct labor ?30,000 Factory overhead 40,000 ? What is the total manufacturing costs associated with Job 123?
Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter16: Job Order Costing
Section: Chapter Questions
Problem 1CMA: Baldwin Printing Company uses a job order cost system and applies overhead based on machine hours. A...
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17. Combate Company uses a job order cost system and applies factory overhead on the basis of the direct labor cost. The overhead rates for 2020 are 200% for department A and 50% for Department B. Job 123, started and completed during 2020 was charged with the following costs:
Department ADepartment B
Direct materialsP25,000P5,000
Direct labor ?30,000
Factory overhead 40,000 ?
What is the total manufacturing costs associated with Job 123?
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