ABC applies manufacturing overhead at the rate of $100 per DL hour. Job # 100 incurred $1638 of direct materials cost. ABC used 57 direct labour hours to complete the job. The wage rate paid during this time period was $17 per hour. Compute the cost of Job #100 Round to two decimal places. Do not enter commas, $ or words. For example, enter "1234.56" and not "$1,234.56 per machine hour"
ABC applies manufacturing overhead at the rate of $100 per DL hour. Job # 100 incurred $1638 of direct materials cost. ABC used 57 direct labour hours to complete the job. The wage rate paid during this time period was $17 per hour. Compute the cost of Job #100 Round to two decimal places. Do not enter commas, $ or words. For example, enter "1234.56" and not "$1,234.56 per machine hour"
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 10EB: Inez has the following information relating to Job AA5. Direct material cost was $200,000, direct...
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The standard cost system is the expected cost per unit product manufactured and it helps in estimating the deviations and controlling them as well as fixing the selling price of the product. For example, it helps to plan the cost for the coming year on the various expenses.
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