Entry Rules:

Round your answers to the nearest PENNY $(2$ decimal places$).$

Use your rounded answer in ALL subsequent calculations.

Examples:

If your answer is $$24,500\mathrm{.}4746,$ enter $24500\mathrm{.}47$

If your answer is $$24,500\mathrm{.}4753,$ enter $24500\mathrm{.}48$

If your answer is $$24,500\mathrm{.}0012,$ enter $24500\mathrm{.}00$

Never enter $ or $,$ when inputting numerical answers

QUESTION:

Helinna Inc. manufactures custom jackets and uses job costing to calculate the cost of its jobs with direct labour hours as its manufacturing overhead allocation base.

At the beginning of current year, the company estimated the following:

Estimated overhead costs$$714,000$Estimated direct labour hours$28,000$

The company pays its employees an average amount per direct labour hour as follows:

Average pay per DLH$$19\mathrm{.}00$

The company just finished Job $680$ and have the following information from the job:

Direct materials used$$19,800$Direct labour hours used$190$

Use the above information to answer the following questions.

QUESTION:

Tissue Ltd$.$ manufactures facial tissues which are currently in high demand due to the pandemic.$$ The following selected cost data is for the year ended December $31.$

DescriptionDollar AmountLubricants for factory equipment$$4,000$Cardboard tissue box$$215,000$Factory maintenance costs$$41,000$Delivery costs $($customer$)$$$27,000$Pulp paper $($tissues$)$$$88,000$Factory supervisor salary$$152,000$Property taxes on factory$$30,000$Research and development costs$$202,000$Wages of assembly line workers$$170,000$Marketing costs$$113,000$Customer order department costs$$82,000$Factory equipment depreciation$$54,000$Sales commission$$154,000$