Hillcrest Publishing Co. established the following cost pools for 2018 support costs: Cost Pool Machine setup Inspection Maintenance Amount Cost Driver Number Setup hours Number of inspections $25,000 $22,000 $18,000 $16,000 900 400 Machine hours 9,800 Materials handling Number of moves 200 The following data pertains to two jobs performed during 2018: Job #60 1,450 $11,510 $8,220 Job #70 1,060 $8,890 $6,780 Item Number of units Direct materials cost Direct labor cost Machine hours 750 610 Direct labor hours 595 475 Number of material moves Number of setup hours Number of inspections 44 17 72 39 36 21 (1) Determine the unit cost of Job #60 using machine hrs. to allocate all support costs: $
Hillcrest Publishing Co. established the following cost pools for 2018 support costs: Cost Pool Machine setup Inspection Maintenance Amount Cost Driver Number Setup hours Number of inspections $25,000 $22,000 $18,000 $16,000 900 400 Machine hours 9,800 Materials handling Number of moves 200 The following data pertains to two jobs performed during 2018: Job #60 1,450 $11,510 $8,220 Job #70 1,060 $8,890 $6,780 Item Number of units Direct materials cost Direct labor cost Machine hours 750 610 Direct labor hours 595 475 Number of material moves Number of setup hours Number of inspections 44 17 72 39 36 21 (1) Determine the unit cost of Job #60 using machine hrs. to allocate all support costs: $
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter4: Accounting For Factory Overhead
Section: Chapter Questions
Problem 13E: Job 19AB required 10,000 for direct materials, 4,000 for direct labor, 300 direct labor hours, 150...
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