Final answer:
The cost of Job 99 is calculated as the sum of direct materials, direct labor cost, and manufacturing overhead, totaling $2,150.
Step-by-step explanation:
The cost of Job 99 can be calculated by summing the direct materials, direct labor cost, and manufacturing overhead (MOH) applied. To calculate the direct labor cost, we multiply the number of labor hours by the direct labor wage rate. For Job 99, this is 50 hours multiplied by the wage rate of $20.00 per hour, which results in a direct labor cost of $1,000.
Next, we calculate the applied by multiplying the number of labor hours by the plantwide predetermined overhead rate. For Job 99, this is also 50 hours multiplied by the overhead rate of $15.00 per hour, which equals $750. Adding these together with the direct materials gives us the total cost of Job 99: $400 (direct materials) + $1,000 (direct labor) + $750 (overhead) = $2,150.