Question

The following data have been recorded for recently completed Job 323 on its job cost sheet. Direct materials cost was $2,063. A total of 33 direct labor-hours and 234 machine-hours were worked on the job. The direct labor wage rate is $18 per labor-hour. The Corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $24 per machine-hour. The total cost for the job on its job cost sheet would be:

Answer 1

$8,723

Step-by-step explanation:

Calculation for total cost for the job on its job cost sheet

Direct materials 2,063

Direct labor (33 hours × $18 per hour) 594

Manufacturing overhead (234 hours × $24 per hour) 5,616

Total manufacturing cost for job 8,273