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ob 007 requires $10,000 of direct materials, $4,000 of direct labor, 400 tons of material, 200 machine hours, two setups, ten inspection hours, and one design change. The manufacturing overhead cost pools and overhead rates in each pool follow: Cost Pool Overhead Rate Material handling $20/ton of material Machine usage $40/machine hour Machine setups $1,000/set-up Design changes $2,000/design change Inspection $50/inspection hour Determine the cost of Job 007.

ob 007 requires $10,000 of direct materials, $4,000 of direct labor, 400 tons of material, 200 machine hours, two setups, ten inspection hours, and one design change. The manufacturing overhead cost pools and overhead rates in each pool follow: Cost Pool Overhead Rate Material handling $20/ton of material Machine usage $40/machine hour Machine setups $1,000/set-up Design changes $2,000/design change Inspection $50/inspection hour Determine the cost of Job 007.

Principles of Cost Accounting
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 12E: Job 25AX required 5,000 for direct materials, 2,000 for direct labor, 200 direct labor hours, 100...
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Job 007 requires $10,000 of direct materials, $4,000 of direct labor, 400 tons of material, 200 machine hours, two setups, ten inspection hours, and one design change. The manufacturing overhead cost pools and overhead rates in each pool follow: Cost Pool Overhead Rate Material handling $20/ton of material Machine usage $40/machine hour Machine setups $1,000/set-up Design changes $2,000/design change Inspection $50/inspection hour Determine the cost of Job 007.
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