Acme Consulting uses job order costing to determine the cost of services provided to clients. For a
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Question:
Acme Consulting uses job order costing to determine the cost of services provided to clients. For a particular year, Acme has budgeted the following amounts:
Office rent and utilities $100,000 Support staff $70,000 Advertising $25,000 Supplies $5,000 Direct labor (based on 2.000 hours) $120,000 The firm has completed job 101 for a client. Job 101 involved 25 hours of direct labor. Acme assigns indirect costs based on direct labor hours.
What is the cost of job 101?
Related Book For
Principles of Accounting
ISBN: 978-1133626985
12th edition
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson
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