Job 31 has a direct materials cost of $300 and a total manufacturing cost of $900. Overhead

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Job 31 has a direct materials cost of $300 and a total manufacturing cost of $900. Overhead is applied to jobs at a rate of 200 percent of direct labor cost.
Use the relationships among total manufacturing costs, conversion cost, and prime cost to determine the following costs for job 31:
a. Conversion cost
b. Direct labor cost
c. Manufacturing overhead cost
d. Prime cost

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Related Book For  book-img-for-question

Managerial Accounting

ISBN: 978-0078025518

2nd edition

Authors: Stacey Whitecotton, Robert Libby, Fred Phillips

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