Question: Job 19AB required $10,000 for direct materials, $4,000 for direct labor, 300 direct labor hours, 150 machine hours, three setups, and five design changes. The

Job 19AB required $10,000 for direct materials, $4,000 for direct labor, 300 direct labor hours, 150 machine hours, three setups, and five design changes. The cost pools and overhead rates for each pool follow:

Cost Pool Overhead Rate

Direct labor support $10/direct labor hour

Machining support $15/machine hour

Machine setups $350/setup

Design changes$700/design change

Determine the cost of Job 19AB.

Step by Step Solution

★★★★★

3.42 Rating (171 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Direct materials 10000 Direct labor 4000 Factory ove... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

298-B-C-A-O (117).docx

120 KBs Word File

Students Have Also Explored These Related Cost Accounting Questions!

Exercise 2 . 6 . Another way to generalize the two - thread Peterson lock is to arrange a number of two - thread Peterson locks in a binary tree. Suppose n is a power of two. Each thread is assigned...

QUESTION 3 YORK Co. Ltd and HERT Plc, are two companies in the electronic car manufacturing sector. Both companies are listed on a major stock exchange in Asia. At the last meeting of its board of...

The (partial) cost sheet for the single product manufactured at Vienna Company follows. Direct labor (6 hours @ $20) (6 hours e $2) (6 hours e $4) $120 Variable overhead 12 Fixed overhead 24 The...

Compute the activity overhead rates using ABC. Combine grinding and polishing into one cost pool. Determine overhead costs to assign to the following jobs using ABC. Craft Pro Machining produces...

Question Completion Status: 10 points Saved QUESTION 1 Excel Manufacturing has an activity-based costing system with three activity cost pools - Machining, Batch Setup, and other. The company's...

E4-13 Determining job costs, using the ABC method Job 19AB required $10,000 for direct materials, $4,000 for direct labor, 300 direct labor hours, 150 machine hours, three material moves, and five...

Mastery Problem: Job Order Costing Purt of Great Price Company Mana Young is the sole stockholder of Purt of Great Price Company (POGP Company), which produces high end knitted sweaters and sweater...

Hello, I need help with the attached course project. Thank you, I.Pakhom ACCT556 Budgeting Project TO THE STUDENT Fanciful, Inc. is a case study which allows you to incorporate numerous financial and...

Job 401k required $5,000 for direct materials, $2,000 for direct labor, 200 direct labor hours, 100 machine hours, two setups, and three design changes. The cost pools and overhead rates for each...

Ice Cool produces two different models of air conditioners. The activities, costs, and cost drivers associated with the production processes follow. Budgeted Activity Process Assembly Activity...

Caltran, Inc. completed manufacturing Job 445. It included $330 of direct materials cost, $1,200 of direct labor cost, and $550 of allocated manufacturing overhead. Which of the following is the...

What are the different bases for stock valuation when assets other than cash are received for issued shares of stock?

Consider the three alternatives: Each alternative has a l0-year useful life and no salvage value . Based on a MARR of 15%, which alternative should be selected? Where appropriate, use an external...

Which type of data is collected over a single period of time?

3. (a) Write an algorithm to convert infix to postfix expression and explain it with example (b) Write an algorithm to evaluate a postfix expression and explain it with example

Write a program to input and push 12, 7, 8, 9, 4, 6, 5, 8 and 2 more values any of your choice into a stack. Pop the values from the stack and compute factorial of each using recursive function and...

Write a program that implement a generic binary search tree of the nodes 19, 2, 70, 5, 3, 20, 3, 3,40, 50, 82, 1, 2, 15. Create a function for searching 90 in the developed binary search tree. and...

A person weighing 0.70 kN rides in an elevator that has an upward acceleration of 1.5 m/s.What is the magnitude of the force of the elevator floor on the person?

A 1.5 kg block is acted on by two forces: one of magnitude 3 N directed east and another of magnitude 3 N directed north. What can you say about the blocks instantaneous acceleration a. The...

10. Explain what happens to the income of the various types of labor and capital when the Japanese open a new factory in the US. How are the local effects different from the national effects?

Lewis Products, Inc., desires to earn an after-tax income of $150,000. It has fixed costs of $1,000,000, a unit sales price of $500, and unit variable costs of $200. The company is in the 30% tax...

Dribble, Inc., manufactures basketballs. The company's forecasted income statement for the year, before any special orders, is as follows: Fixed costs included in the forecasted income statement are...

Alpha Company needs 20,000 units of a certain part to use in its production cycle. The following information is available: Cost to Alpha to make the part: Direct materials . . . . . . . . . . . . . ....

Determine the solutions. Q.1 Of the voters in Florida, a proportion p will vote for candidate G, and a proportion 1 ? p will vote for candidate B. In an election poll a number of voters are asked for...

Income Statement For the Year Ended December 31, 2023

DeVault Services recently hired you as a consultant to help with its capital budgeting process. The company is considering a new project whose data are shown below. The equipment that would be used...