oduction for the month in units for Job 88 was 8,500 and for Job 08 was 5,000 the end of August, Job 08 had a total cost still in process in the amount of P18,750 while Job 88 had total cost in prod 31,300. Total budgeted overhead of both jobs for the month of September was P786,200. was estimated that Job 88's application of overhead will be based on 18,600 machine hours while Job 08 will be bas 4,500 direct labor hours he following data extracted from the job cost sheet of Job 08 and Job 88 during the month of September: Job 08 Job 88 Direct material cost Direct labor hours 86,500 680 78,700 940 Machine hours 500 1590
oduction for the month in units for Job 88 was 8,500 and for Job 08 was 5,000 the end of August, Job 08 had a total cost still in process in the amount of P18,750 while Job 88 had total cost in prod 31,300. Total budgeted overhead of both jobs for the month of September was P786,200. was estimated that Job 88's application of overhead will be based on 18,600 machine hours while Job 08 will be bas 4,500 direct labor hours he following data extracted from the job cost sheet of Job 08 and Job 88 during the month of September: Job 08 Job 88 Direct material cost Direct labor hours 86,500 680 78,700 940 Machine hours 500 1590
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter5: Product And Service Costing: Job-order System
Section: Chapter Questions
Problem 21E: Lorrimer Company has a job-order cost system. The following debits (credits) appeared in the...
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