Question: Please help need this asap will upvote Comans Corporation has two production departments, Milling and Customizing. The company uses a job - order costing system
Please help need this asap will upvote
Comans Corporation has two production departments, Milling and Customizing. The company uses a joborder costing system and computes a predetermined overhead rate in each production department. The Milling Departments predetermined overhead rate is based on machinehours and the Customizing Departments predetermined overhead rate is based on direct laborhours. At the beginning of the current year, the company had made the following estimates:
MillingCustomizingMachinehoursDirect laborhoursTotal fixed manufacturing overhead cost$ $ Variable manufacturing overhead per machinehour$ Variable manufacturing overhead per direct laborhour$
During the current month the company started and finished Job A The following data were recorded for this job:
Job A:MillingCustomizingMachinehoursDirect laborhoursDirect materials$ $ Direct labor cost$ $
If the company marks up its manufacturing costs by then the selling price for Job A would be closest to:
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
