Swifty Company manufactures custom-order furniture. During 2020, actual manufacturing overhead totaled $722000. Based on the 2020 results, and projected production for 2021, management prepared the 2021 budget and estimated that manufacturing overhead would total $589200. The estimated number of direct labor hours for 2021 is 49100, and the estimated amount of direct labor cost is $1050000. The company plans to use direct labor hours as the basis to allocate overhead to jobs. During May and June 2021, employees worked on the following four jobs:

Monthly data		Job X43		Job X87		Job Z22		Job A33
May
Direct materials		$86300		$71400		$44700		$38400
Direct labor cost		$101800		$91200		$78300		$52500
Direct labor hours		5030		4560		3930		2700
June
Direct materials		$24400		$40400		$34600		$23700
Direct labor cost		$27800		$53000		$62900		$32200
Direct labor hours		1600		2700		3100		1700

Job X87 was started in May and delivered to the customer in late June. What is the cost of Job X87?

$Unresolved

$240300

$363520

$256000

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Answer rating: 100% (QA)

Answer The cost for Job X87 is as follows May Month Direct Material ... View the full answer