Question

Job 910 was recently completed. The following data have been recorded on its job cost sheet: Direct materials $ 2,483 Direct labor-hours 77 labor-hours Direct labor wage rate $ 19 per labor-hour Machine-hours 136 machine-hours The Corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $20 per machine-hour. The total cost that would be recorded on the job cost sheet for Job 910 would be:

Answer 1

$6666

Step-by-step explanation:

Given:

Direct materials = $ 2,483

Direct labor-hours = 77 hours

Direct labor wage rate = $ 19 per labor-hour

Machine-hours = 136 hours

The predetermined overhead rate = $20 per machine-hour.

Solution:

To find the total cost , we will add the following cost: Direct materials cost, Direct labor cost, Machine using cost

Direct labor cost = Direct labor-hours
`*` Direct labor wage rate

Direct labor cost =
`77*19 = \$1463`

Machine using cost = Machine-hours used
`*` predetermined overhead rate

Machine using cost =
`136*20=\$2720`

Total cost = $ 2,483 + $1463 + $2720 = $6666

Therefore, The total cost that would be recorded on the job cost sheet for Job 910 would be $6666