Question: Question 5 (1 point) X Company manufactures custom cabinets. Direct materials (wood, hinges, etc) and direct labor are assigned directly to the products. Manufacturing overhead

 Question 5 (1 point) X Company manufactures custom cabinets. Direct materials(wood, hinges, etc) and direct labor are assigned directly to the products.Manufacturing overhead is assigned to jobs using a predetermined overhead rate basedon machine hours. Assume X Company completed Job #2 in March 2015and spent 100 machine hours on the job. It also used $50,000of direct materials and $10,000 of direct labor to produce Job #2.what amount would X company assign to Job #2 in March (uponcompletion) as the total cost of Job #2. Cost (Item) 2014 Actual

Question 5 (1 point) X Company manufactures custom cabinets. Direct materials (wood, hinges, etc) and direct labor are assigned directly to the products. Manufacturing overhead is assigned to jobs using a predetermined overhead rate based on machine hours. Assume X Company completed Job #2 in March 2015 and spent 100 machine hours on the job. It also used $50,000 of direct materials and $10,000 of direct labor to produce Job #2. what amount would X company assign to Job #2 in March (upon completion) as the total cost of Job #2. Cost (Item) 2014 Actual 2015 Estimated 2015 Actual Machine hours 9,000 Manufacturing $184,500 10,000 11,000 acting$184,500 $200,000 $209,000 Do not enter dollar signs or decimal points. For example, enter $43,234 as 43234

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