Question: Clipboard 19 Merge & Center - $ - % Font B25 Alignment Number G A B D F 1 A corporation manufactures a specialty line


Clipboard 19 Merge & Center - $ - % Font B25 Alignment Number G A B D F 1 A corporation manufactures a specialty line of dresses using a job-order costing system. During 2 January, the following costs were incurred in completing job J-1: 3 4 Direct labor 35,000 5 Direct materials 31,500 6 Administrative costs 4,000 7 Selling costs 21,000 8 9 Factory overhead was applied at the rate of $24 per direct labor hour, and job J-1 required 300 10 direct labor hours. If job J-1 resulted in 1,500 good dresses, the cost of goods sold per unit is: 11 12 13 14 Answer: 15 (round to nearest cent) 16 17 18 19 20 21 22 23 G A B. C D F 1 A cost accountant is developing departmental factory overhead application rates for the company's tooling 2 and fabricating departments. The budgeted overhead for each department and the data for one job are shown 3 below. 4 5 Department: 6 Tooling Fabricating 7 Supplies 952 224 8 Supervisor's salaries 1,680 2,240 9 Indirect labor 1,344 5,466 10 Depreciation 1,120 6,160 11 Repairs 4,564 3,965 12 Total budgeted overhead 9,660 18,055 13 14 Total direct labor hours 515 694 15 16 Direct labor hours on Job #231 10 8 17 18 Using the departmental overhead application rates, total overhead applied to Job #231 in the Tooling and 19 Fabricating Departments will be 20 21 22 Answer: 23 24
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