Question: Determining job costs using ABC method} Job 403B required $5,000 for direct materials, $2,000 for direct labor, 200 direct labor hours, 100 machine hours, two
Determining job costs using ABC method} Job 403B 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 pool follow:
Cost Pool Assembly support Machining support Machine setups Design changes Determine the cost of Job 403B. Overhead Rate $5/direct labor hour $10/machine hour $250/setup $500/design change
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