Custom Backpacks started and finished job number D46, a batch of 100 backpacks, during July. The job
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Question:
Custom Backpacks started and finished job number D46, a batch of 100 backpacks, during July. The job required $2850 of direct material and 25 hours of direct labour at $25 per hour. The predetermined overhead rate is $12.50 per direct labour hour. Required:
Help needed in:
a) Journal entries to record the incurrence of production costs and the completion of job number D46.
b) The cost per backpack for job number D46.
Related Book For
Management Accounting
ISBN: 9781760421144
7th Edition
Authors: Kim Langfield Smith, Helen Thorne, David Alan Smith, Ronald W. Hilton
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