Job 101 has beginning balance of 100. DM used during the period is 150 and OH...

Transcribed Image Text:

Job 101 has beginning balance of 100. DM used during the period is 150 and OH applied is 200. Budgeted OH is 1,000 and Budgeted activity is 2,000 DL cost. If job 101 was completed and sold at 20%mark up above cost, what is the sales price of Job 101? 9. If by product has profit margin of 10% and the estimated sale value of by product is 100. Assuming additional cost related to by product is 15. Joint cost is 800. Company uses reversal approach. How much will be the allocated joint cost to main products? Job 101 has beginning balance of 100. DM used during the period is 150 and OH applied is 200. Budgeted OH is 1,000 and Budgeted activity is 2,000 DL cost. If job 101 was completed and sold at 20%mark up above cost, what is the sales price of Job 101? 9. If by product has profit margin of 10% and the estimated sale value of by product is 100. Assuming additional cost related to by product is 15. Joint cost is 800. Company uses reversal approach. How much will be the allocated joint cost to main products?

Answer rating: 100% (QA)

Solution 8 We need to find the sales price of job 101 Total cost of job 101 Total Cost ... View the full answer