The following cost data relates to Job 2A32: Direct material RO 10,000, Direct labor cost RO 4,500 Manufacturing overhead cost is 140 machine hours @ RO 25 per machine hour and selling overheads RO 14,000. The Job 2A32 consists of 2,000 units and has been completed. Determine the cost of production per unit of Job 2A32? a. RO 5 b. RO 9 c. RO 16 d. RO 61

Q: Newhard Company assigns overhead cost to jobs on the basis of 125% of direct labor cost. The job…

A: Overhead cost = Direct labor cost x 125% = $12,000 x 125% = $15,000

Q: Copy Center pays an average wage of $13 per hour to employees for printing and copying jobs, and…

A: Calculation of the selling price of the job:- The selling price of the job is $1,133.

Q: The records at Smith and Jones, Inc. show that Job 110 is charged with $11,000 of direct materials…

A: Direct material cost = $11,000 Direct labor cost = $12,000 Manufacturig overhead = $10,200…

Q: Braverman Company has two manufacturing departments—Finishing and Fabrication. The predetermined…

A: 1. Total manufacturing cost assigned to Job 700: Particulars Amount ($) Direct Material…

Q: The records at Smith and​ Jones, Inc. show that Job 110 is charged with $13,000 of direct materials…

A: Formula: Total cost = Direct materials + Direct labor + Manufacturing overheads Sum of all three…

Q: Job 123 was recently completed by BudolBudol Me Corporation. The following data have been recorded…

A: The job cost is used to estimate the individual cost of the product. It includes both direct and…

Q: Mickley Company's plantwide predetermined overhead rate is $20.00 per direct labor-hour and its…

A: Working Hours = Total Direct Labor cost / Labor rate per hour

Q: 1. What is the total manufacturing cost assigned to Job A-500? 2. If Job A-500 consists of 50…

A: We have to assign the overhead rate to each job, as we have predetermined overhead rate we can…

Q: Haddows, Inc. completed Job GH6 last month. The cost details of GH6 are shown below. Direct labor…

A: Cost per units of the finished product of Job GH6 can be equal to the total cost divide by number of…

Q: Mickley Company’s plantwide predetermined overhead rate is $22.00 per direct labor-hour and its…

A: Total of manufacturing overhead cost: This cost is calculated on the basis of the predetermined…

Q: Braverman Company has two manufacturing departments—Finishing and Fabrication. The predetermined…

A: 1.

Q: XYZ Company provided the following information regarding Product XY: Direct material costs OMR3 per…

A: Calculating Cost of a job for 550 units of XY, which uses a total of 150 Direct Labor hours. Given…

Q: The total cost assigned to job 777C is P24,000 which includes direct materials cost of P6,000. The…

A: Total cost = P24,000   Conversion cost applied = Total cost - Direct material cost  = P24,000 -…

Q: Adams Co. uses a job order costing system and the following information is available from its…

A: Hi student Since there are multiple subparts, we will answer only first three subparts.

Q: Mickley Company’s plantwide predetermined overhead rate is $22.00 per direct labor-hour and its…

A: First, compute the direct labor hours per unit as shown below: Direct labor hour per unit = $140/$14…

Q: Treacy Company uses a job-order costing system. Assume that Job #504 is the only one in process. The…

A: Total cost of Job #504 = Direct material + Direct labor costs + Applied overhead cost where, Applied…

Q: Sturdy Manufacturing Co. assembled the following cost data for job order #23:Direct manufacturing…

A: Cost: The amount paid to purchase the asset, install it, and put it into operations, is referred to…

Q: Mickley Company's plantwide predetermined overhead rate is $23.00 per direct labor-hour and its…

A: 1).                                                                      = 20 hours…

Q: Braverman Company has two manufacturing departments-Finishing and Fabrication. The predetermined…

A: Total Material=Finishing+Fabrication=$410+$60=$470

Q: Mickley Company’s plantwide predetermined overhead rate is $23.00 per direct labor-hour and its…

A: DL cost is given as $195 while the DL wage rate is given as $13. Hence the total DL hours = 195/13=…

Q: Job WR53 at NW Fab, Inc. required $200 of direct materials and 10 direct labor hours at $15 per…

A: Job cost basically used to determine the cost of specific jobs that is according to customer…

Q: Adams Co. uses a job order costing system and the following information is available from its…

A: Indirect material = Raw materials used x 20% = 120000 x 20% = P24,000

Q: Boyle Manufacturing Co. charges factory overhead to production at 70% of direct labor cost. Jobs 901…

A: Direct labor costs are the costs that are incurred in the process of manufacturing in the factory.

Q: Job #2365 incurred the following during production: Direct Materials: $25,000 Manufacturing Labor:…

A: Job costing is a method of costing that involves calculating the cost of individual jobs.

Q: At the beginning of the year, a company estimated a predetermined plantwide overhead rate of 140% of…

A: Formula: Total cost = Direct materials + Direct labor + Overhead

Q: company has three jobs in process: Job No. 1, Job No. 2 and Job No. 3 Raw materials used 840,000…

A: Calculation of Direct material cost for Job no.1 , Job no. 2 , Job no. 3    Raw Material Used  =…

Q: Mickley Company’s predetermined overhead rate is $14.00 per direct labor-hour and its direct labor…

A:

Q: Job cost sheets for Howard Manufacturing are as follows: Job No 210 Quantity 1,500 Manufacturing…

A: The cost of supplies, labor, and overhead for a particular job is accumulated through job costing.…

Q: mpany 2 applies overhead to jobs using a predetermined overhead rate Based mpany estimated that it…

A: Predetermined overhead rate is calculated by dividing the estimated budgeted overheads by the…

Q: Ibra manufacturing uses machine hours as an activity base for its manufacturing overhead. The…

A: Overhead means indirect costs related to manufacturing or selling of products. These costs can not…

Q: Bolles Corporation manufactures products on a job-order basis. The job cost sheet for Job #902 shows…

A: Introduction:- Job costing includes the following as follows:- direct labor direct materials…

Q: Boyle Manufacturing Co. charges factory overhead to production at 80% of direct labor cost. Jobs 842…

A: Prime cost comprises of direct material and direct labor

Q: Job 53 at BV Fabrications required $200 of direct materials and 10 direct labour hours at $15 per…

A: Overhead are the indirect costs that are incurred for manufacturing of goods in the factory.

Q: A Company uses job order costing and has chosen machine hours to allocate its manufacturing…

A: Predetermine Overhead rate = (Fixed Overhead Cost / Total Machine Hours) + Variable Overhead Cost

Q: When Job 117 was completed, direct materials totaled $4.400: direct labor, 55,600; and factory…

A: Given the following information: Direct materials: $4,400 Direct labor: $55,600 Factory overhead:…

Q: Braverman Company has two manufacturing departments—Finishing and Fabrication. The predetermined…

A: The pre-determined overhead rate is the rate that is estimated at the start of the accounting period…

Q: following data: Total machine-hours 55,000 $330,000 Total fixed manufacturing overhead cost Variable…

A: Cost price of product consists of all the variable and fixed expenses incurred on the production.

Q: Mickley Company's plantwide predetermined overhead rate is $21.00 per direct labor-hour and its…

A: The expenses incurred during the creation of a product are known as manufacturing costs. Direct…

Q: The total cost assigned to job 777C is P24,000 which includes direct materials cost of P6,000. The…

A: Conversion cost  = Total cost - Direct material cost = P24,000 - P6,000 = P18,000   Conversion cost…

Q: Mickley Company’s plantwide predetermined overhead rate is $19.00 per direct labor-hour and its…

A: The job order costing system adds up the costs related to a particular batch of products. Small…

Q: A firm uses a predetermined overhead rate base on direct labor cost to apply manufacturing overhead…

A: Given, Predetermined overhead rates = 200% for Department X, 50% for Department Y Direct materials…

Q: A review of Job Number 403's cost sheet revealed direct material charges of $20,000, and total…

A: Total manufacturing costs of a job means all direct material cost, direct labour cost and…

Q: The following cost data are available for Honesty Co. for its first month of operations:…

A: Prime cost means the addition of direct material and direct labor and other direct expenses.…

Q: ABC Manufacturing Co. is currently working on two jobs. The job order cost sheets for Job 101 and…

A: Gross margin means sales price minus factory cost (direct material plus direct labor plus factory…

Q: Cavy Company estimates that total factory overhead costs will be $1,011,028 for the year. Direct…

A: Predetermined Factory overhead rate = Total Factory overhead costs / Direct labor hours Overhead…

Q: ABC Company uses job costing. Its annual estimated manufacturing overhead and machine hours (the…

A: A product's total cost is the total money paid to make it. Accounting-wise, the total cost concept…

Q: The following cost data relates to job 855D: Direct materials: $27,400 Direct labor cost: $9,600…

A: Cost of goods  sold is  the amount of cost at which goods were  sold

Q: A company estimated $420,000 of factory overhead cost and 28,000 direct labor hours for the period.…

A: Predetermined Overhead Rate=Estimated factory overhead costEstimated direct labor hours

Overheads

In cost accounting, overhead refers to those expenses which occur during the operating of a business. Overhead includes the fixed, variable, or semi-variable which is not directly involved with a company product or service. It is very important to analyze overhead expense as it helps the company in determining how much a company must charge for its products and services so that they can generate profit.  Overhead expenses depend upon the nature of the business operations.