The following costs were incurred on Job No. 150. Materials US$10,000 Wages: Department 1 30 hours at $15 per hour Department 2 20 hours at $10 per hour Department 3 10 hours at $8 per hour Variable Overheads: Department 1 $9 per hour Department 2 $8 per hour Department 3 $7 per hour Fixed Overheads: Estimated at $25,000 for 1,250 normal working hours. What is the cost of Job 150 and the price to give profit of 30% on selling price? Select one: OA. $12,825 and $16,031 O B. $12,605 and $15,756 O C. $12,210 and $17,460 O D. $12,430 and $17,775
The following costs were incurred on Job No. 150. Materials US$10,000 Wages: Department 1 30 hours at $15 per hour Department 2 20 hours at $10 per hour Department 3 10 hours at $8 per hour Variable Overheads: Department 1 $9 per hour Department 2 $8 per hour Department 3 $7 per hour Fixed Overheads: Estimated at $25,000 for 1,250 normal working hours. What is the cost of Job 150 and the price to give profit of 30% on selling price? Select one: OA. $12,825 and $16,031 O B. $12,605 and $15,756 O C. $12,210 and $17,460 O D. $12,430 and $17,775
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...
Related questions
Question
![The following costs were incurred on Job No. 150.
Materials US$10,000
Wages:
Department 1
30 hours at $15 per hour
Department 2
20 hours at $10 per hour
Department 3
10 hours at $8 per hour
Variable Overheads:
Department 1
$9 per hour
Department 2
$8 per hour
Department 3
$7 per hour
Fixed Overheads: Estimated at $25,000 for 1,250 normal working hours.
What is the cost of Job 150 and the price to give profit of 30% on selling price?
Select one:
OA. $12,825 and $16,031
O B. $12,605 and $15,756
O C. $12,210 and $17,460
O D. $12,430 and $17,775](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F347f6427-236c-4d45-a8b4-89cc13278346%2F44866bb4-a86d-4d66-8b88-3917bc938685%2Fpvrwtl_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The following costs were incurred on Job No. 150.
Materials US$10,000
Wages:
Department 1
30 hours at $15 per hour
Department 2
20 hours at $10 per hour
Department 3
10 hours at $8 per hour
Variable Overheads:
Department 1
$9 per hour
Department 2
$8 per hour
Department 3
$7 per hour
Fixed Overheads: Estimated at $25,000 for 1,250 normal working hours.
What is the cost of Job 150 and the price to give profit of 30% on selling price?
Select one:
OA. $12,825 and $16,031
O B. $12,605 and $15,756
O C. $12,210 and $17,460
O D. $12,430 and $17,775
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