The total job cost for job t687 is closest to
WebThe cost accountant for River Rock Beverage Co. estimated that total factory overhead cost for the Blending Department for the coming fiscal year beginning February 1 would be 3,150,000, and total direct labor costs would be 1,800,000. During February, the actual direct labor cost totalled 160,000, and factory overhead cost incurred totaled ... WebManufacturing overhead is incurred only to support some jobs. ... The total manufacturing cost assigned to Job M is closest to: $25,730. ... The calculated selling price for Job A is closest to: $72,758. $665,000 Students also viewed. Managerial Accounting. 88 terms. riley ...
The total job cost for job t687 is closest to
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WebExpert Answer. 100% (1 rating) Transcribed image text: The total job cost for Job T687 is closest to: The credits to the Raw Materials account for the month of November total: Lupo Corporation uses a job-order costing system with a single plantwide predetermined … WebThe total job cost for Job T687 is closest to: $2,040. 2,040. Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. ... Sargent Corporation applies overhead cost to jobs on the basis of 80% of direct labor cost.
WebFeb 21, 2024 · To do so, the company must forecast its total overhead cost. The actual machine hours and total overhead cost are presented below for the past six months. … WebThe total job cost for Job T687 is closest to ..... . (Round your intermediate calculations to 2 decimal places.) Job-Order ... The company applies overhead costs to jobs on the basis of …
Web13. Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours 30,700 Total fixed manufacturing overhead cost $ 337,700 Variable manufacturing overhead per machine … WebIf the company marks up its unit product costs by 40% then the selling price for a unit in Job T687 is closest to: (Round your intermediate calculations to 2 decimal ... Job T687 was …
WebLupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate. Question 1:- Based on the information available in the question, we can …
WebStudy with Quizlet and memorize flashcards containing terms like Abburi Company's manufacturing overhead is 40% of its total conversion costs. If direct labor is $105,000 … mapleview mobileWebRecently, Job T687 was completed with the following characteristics: Number of units in the job: 10: Total machine-hours: 30: Direct materials: $ 730: Direct labor cost: $ 1,460 The total job cost for Job T687 is closest to: (Round your intermediate calculations to … maple view middle school tahomaWebTotal fixed manufacturing overhead cost. $294,300. Variable manufacturing overhead per machine-hour. $ 2. Recently, Job T687 was completed with the following characteristics: … krishna born placeWebMar 28, 2024 · The total cost of your firm’s billable labor hours is $20,000 and you will bill $2,500 in material costs. Your firm has determined your applied overhead cost for the job … mapleview mountain warehouseWebThe company based its predetermined overhead rate for the current year on the following data: Total machine-hours 32,800 Total fixed manufacturing overhead cost $164,000 Variable manufacturing overhead per machine-hour $ 5 Recently, Job T687 was completed with the following characteristics: Number of units in the job 10 Total machine-hours 30 … mapleview nespressoWebEnter the email address you signed up with and we'll email you a reset link. krishna born yearWebLupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate. Question 1:- Based on the information available in the question, we can calculate the selling price of the Job T687 as follows:- Step 1:- Calculate the total overheads Particulars Per unit Total Fixed Manufacturing Overheads 159,000 Variable ... krishna born story