Job 007 requires $10,000 of direct materials, $4,000 of direct labor, 400 tons of material, 200 machine hours, two setups, ten inspection hours, and one design change. The manufacturing overhead cost pools and overhead rates in each pool follow:

Cost Pool/Overhead Rate:

Material handling......$20/ton of material

Machine usage.........$40/machine hour

Machine setups........$1,000/setup

Design changes........$2,000/design change

Inspection.................$50/inspection hour

Determine the cost of Job 007. Instructions:

Answer rating: 100% (QA)

Direct materials 10000 Direct labor 4000 ... View the full answer