Milton Company is a steel fabricator, and job 325 consists of producing 500 steel supports for Wendell
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Milton Company is a steel fabricator, and job 325 consists of producing 500 steel supports for Wendell Construction Company. Overhead is applied on the basis of direct labor hours, using a predetermined overhead rate of $25 per hour. Direct costs associated with Job 325 are: direct materials, $10,000; direct labor, 250 hours at $16 per hour.
Required
Calculate the cost of Job 325.
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Cost Summary Job 325 Direct Material 10000 ...View the full answer
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