Eduweb Pty Ltd designs web pages for clients in the education sector. The company's job- costing...
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Eduweb Pty Ltd designs web pages for clients in the education sector. The company's job- costing system has a single direct-cost category (cost of web designers' time) and a single indirect-cost pool composed of all overhead costs. Overhead costs are allocated to individual jobs based on direct labour-hours. The company employs six web designers. Budgeted and actual information regarding Eduweb Pty Ltd for the 2019 financial year are: Budget for 2019: Direct labour costs Direct labour-hours Overhead costs Actual results for 2019: Direct labour costs Direct labour-hours Overhead costs $193 000 10 000 $159 000 $253 000 11 000 $153 000 Eduweb's web design for Ironville Day School was budgeted to take 82 direct labour-hours. The actual time spent on the project was 71 hours. Calculate the cost of the job for Ironville Day School using normal costing. Eduweb Pty Ltd designs web pages for clients in the education sector. The company's job- costing system has a single direct-cost category (cost of web designers' time) and a single indirect-cost pool composed of all overhead costs. Overhead costs are allocated to individual jobs based on direct labour-hours. The company employs six web designers. Budgeted and actual information regarding Eduweb Pty Ltd for the 2019 financial year are: Budget for 2019: Direct labour costs Direct labour-hours Overhead costs Actual results for 2019: Direct labour costs Direct labour-hours Overhead costs $193 000 10 000 $159 000 $253 000 11 000 $153 000 Eduweb's web design for Ironville Day School was budgeted to take 82 direct labour-hours. The actual time spent on the project was 71 hours. Calculate the cost of the job for Ironville Day School using normal costing.
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Craden Solutions Requirement 1 Actual directlabor hour rate 20000020000 hours 10 per direct laborhou... View the full answer
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0133428704
15th edition
Authors: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
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