Wilco Inc. uses a job-order costing system that allocates MOH on the basis of machine hours....
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Wilco Inc. uses a job-order costing system that allocates MOH on the basis of machine hours. For the most recent period Wilco budgeted MOH to be $2,145,000. Actual MOH was $2.000.000. Wilco also budgeted to use 110,000 machine hours and actually used a total of 100,000 machine hours. If Job 3331 used 500 machine hours and incurred $12,000 of Direct Materials and $13,000 of Direct Labor, what is the total manufacturing cost for Job 3331? Wilco Inc. uses a job-order costing system that allocates MOH on the basis of machine hours. For the most recent period Wilco budgeted MOH to be $2,145,000. Actual MOH was $2.000.000. Wilco also budgeted to use 110,000 machine hours and actually used a total of 100,000 machine hours. If Job 3331 used 500 machine hours and incurred $12,000 of Direct Materials and $13,000 of Direct Labor, what is the total manufacturing cost for Job 3331?
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To calculate the total manufacturing cost for Job 3331 we need to first de... View the full answer
Related Book For
Accounting What the Numbers Mean
ISBN: 978-0073527062
9th Edition
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,
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