A company uses job-order costing and allocates costs using direct labor hours as the cost driver....

 

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A company uses job-order costing and allocates costs using direct labor hours as the cost driver. At the beginning of the year, the company had estimated the following: Estimated total fixed overhead cost: $250,000 Estimated variable overhead cost: $14 per direct labor hour Estimated total direct labor hours: 3630 hours A particular job had $2,500 of materials costs and $5,200 of direct labor costs (for 106 hours of labor). What is the full manufacturing cost of this job? (Round intermediate calculations and your final answer to the nearest dollar and cents.) A company uses job-order costing and allocates costs using direct labor hours as the cost driver. At the beginning of the year, the company had estimated the following: Estimated total fixed overhead cost: $250,000 Estimated variable overhead cost: $14 per direct labor hour Estimated total direct labor hours: 3630 hours A particular job had $2,500 of materials costs and $5,200 of direct labor costs (for 106 hours of labor). What is the full manufacturing cost of this job? (Round intermediate calculations and your final answer to the nearest dollar and cents.)

Answer rating: 100% (QA)

To calculate the full manufacturing cost of the job you need to consider both fixed and v... View the full answer