Job 19AB required $10,000 for direct materials, $4,000 for direct labor, 300 direct labor hours, 150...
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Job 19AB required $10,000 for direct materials, $4,000 for direct labor, 300 direct labor hours, 150 machine hours, three material moves, and five component parts. The cost pools and overhead rates for each pool follow: Cost Pool Overhead Rate Direct labor support $10/direct labor hour Machining support $15/machine hour Material movement $350/material move Engineering $700/component part Determine the cost of Job 19AB using the ABC method. Job 19AB required $10,000 for direct materials, $4,000 for direct labor, 300 direct labor hours, 150 machine hours, three material moves, and five component parts. The cost pools and overhead rates for each pool follow: Cost Pool Overhead Rate Direct labor support $10/direct labor hour Machining support $15/machine hour Material movement $350/material move Engineering $700/component part Determine the cost of Job 19AB using the ABC method.
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