Question

Newhard Company assigns overhead cost to jobs on the basis of 115% of direct labor cost. The job cost sheet for Job 313 includes $17,435 in direct materials cost and $10,100 in direct labor cost. A total of 1,350 units were produced in Job 313. Required: a. What is the total manufacturing cost assigned to Job 313

Answer 1

the total manufacturing cost is $39,150

Step-by-step explanation:

The computation of the total manufacturing cost assigned as follows:

Overhead costs is

= 115% of $10,100

= $11,615

Now the total manufacturing cost is

= Direct materials cost + Direct labor costs + Overhead costs

= $17,435 + $10,100 + $11,615

= $39,150

Hence, the total manufacturing cost is $39,150