Flagstaff Enterprises makes flagpoles. Dan Dalripple, the company's new controller, can find only the following partial information
Question:
Flagstaff Enterprises makes flagpoles. Dan Dalripple, the company's new controller, can find only the following partial information for the past two months:
The current year's predetermined overhead rate is 80 percent of direct labor cost.
Required
Using the data provided and T accounts, compute the unknownvalues.
Transcribed Image Text:
Job Order H.W Job Order Cost Card Personal Trainers, Inc. Hillary White Specifications: Marathon Training Date of Order: 4/2/2011 Date of Completion: 7/24/2011 20.00 $$20.00 Labor (S10 per hour) Overhead (1 0% of in-person labor costs) Labor (S5 per hour) Overhead (25% of training labor costs) 150.00 300.00? Cell phone calls ($1 per cal) 30.00 10.00 ? 0.00 0.00 ? Overhead (50% of telephone labor costs) Job Revenue and Profit Logbook and bike rental Service fee: 97 hours x $30 $2,990.00 Profit $2,222.50
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T accounts prepared and unknown values computed Beg Bal a Purchases End ...View the full answer
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