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Pigot Corporation uses job costing and has two production departments, M and A. Budgeted manufacturing costs for the year are as follows: Dept. M Dept. A $700,000 $100,000 800,000 400,000 Direct materials Direct labor 200,000 600,000 Factory overhead The actual direct materials and direct labor costs charged to Job. No. 432 during the year were as follows: Direct materials Direct labor: Department M Department A $25,000 $ 8,000 12,000 20,000 Pigot applies manufacturing overhead to production orders on the basis of direct labor cost using departmental rates predetermined at the beginning of the year based on the annual budget. The total cost associated with Job. No. 432 for the year should be:

Pigot Corporation uses job costing and has two production departments, M and A. Budgeted manufacturing costs for the year are as follows: Dept. M Dept. A $700,000 $100,000 800,000 400,000 Direct materials Direct labor 200,000 600,000 Factory overhead The actual direct materials and direct labor costs charged to Job. No. 432 during the year were as follows: Direct materials Direct labor: Department M Department A $25,000 $ 8,000 12,000 20,000 Pigot applies manufacturing overhead to production orders on the basis of direct labor cost using departmental rates predetermined at the beginning of the year based on the annual budget. The total cost associated with Job. No. 432 for the year should be:

Cornerstones of Cost Management (Cornerstones Series)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter7: Allocating Costs Of Support Departments And Joint Products
Section: Chapter Questions
Problem 28E: Minor Co. has a job order cost system and applies overhead based on departmental rates. Service...
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Pigot Corporation uses job costing and has two production departments, M and A. Budgeted manufacturing costs for the year are as follows: Dept. M $700,000 $100,000 200,000 600,000 Dept. A Direct materials Direct labor Factory overhead 800,000 400,000 The actual direct materials and direct labor costs charged to Job. No. 432 during the year were as follows: Direct materials $25,000 Direct labor: Department M Department A $ 8,000 12,800 20,000 Pigot applies manufacturing overhead to production orders on the basis of direct labor cost using departmental rates predetermined at the beginning of the year based on the annual budget. The total cost associated with Job. No. 432 for the year should be:
Transcribed Image Text:Pigot Corporation uses job costing and has two production departments, M and A. Budgeted manufacturing costs for the year are as follows: Dept. M $700,000 $100,000 200,000 600,000 Dept. A Direct materials Direct labor Factory overhead 800,000 400,000 The actual direct materials and direct labor costs charged to Job. No. 432 during the year were as follows: Direct materials $25,000 Direct labor: Department M Department A $ 8,000 12,800 20,000 Pigot applies manufacturing overhead to production orders on the basis of direct labor cost using departmental rates predetermined at the beginning of the year based on the annual budget. The total cost associated with Job. No. 432 for the year should be:
Pigot applies manufacturing overhead to production orders on the basis of direct labor cost using departmental rates predetermined at the beginning of the year based on the annual budget. The total cost associated with Job. No. 432 for the year should be: Multiple Choice $75,000. $50,000. $55,000. $65.000
Transcribed Image Text:Pigot applies manufacturing overhead to production orders on the basis of direct labor cost using departmental rates predetermined at the beginning of the year based on the annual budget. The total cost associated with Job. No. 432 for the year should be: Multiple Choice $75,000. $50,000. $55,000. $65.000
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