Use the information given rgof siun Joienep BUIMOIIO1 ƏU1 SMousJob3122:Cutting PolishingMachine-hours9020Direct labor-hours3060Direct materials$ 500$ 250Direct labor cost$450$ 4,000The total job cost for Job3122 is closest to:O a. $ 6,990O b. $5,200O C.$ 7,030O d. None of the given answer. Cutting PolishingDirect Labor cost per hour$42070Direct labor-hours5,00010,000Machine-hours20,0005,000Total fixed manufacturingoverhead cost$100,000$ 60,000Variable manufacturingoverhead per machine-hour$ 6.Variable manufacturingoverhead per direct labor-hour$4During the current period the company started andfinished a job order number 3122. The job cost sheetshows the following data for this job:8.%24

direct labor cost * direct labor-hours = cutting: 5000*20 =100000 = polishing: 10000*70 =700000 =…

Answered: The total job cost for Job3122 is…

Business

Accounting

The total job cost for Job3122 is closest to:

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter4: Job Order Costing

Section: Chapter Questions

Problem 11PB: When setting its predetermined overhead application rate. Tasty Turtle estimated its overhead would...

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Question

Use the information given

rgof siun Joienep BUIMOIIO1 ƏU1 SMous
Job3122:
Cutting Polishing
Machine-hours
90
20
Direct labor-hours
30
60
Direct materials
$ 500
$ 250
Direct labor cost
$450
$ 4,000
The total job cost for Job3122 is closest to:
O a. $ 6,990
O b. $5,200
O C.
$ 7,030
O d. None of the given answer.

Cutting Polishing
Direct Labor cost per hour
$4
20
70
Direct labor-hours
5,000
10,000
Machine-hours
20,000
5,000
Total fixed manufacturing
overhead cost
$100,000
$ 60,000
Variable manufacturing
overhead per machine-hour
$ 6.
Variable manufacturing
overhead per direct labor-
hour
$4
During the current period the company started and
finished a job order number 3122. The job cost sheet
shows the following data for this job:
8.
%24

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