|
Title: London Ceramics makes custom ceramic tiles. During March, the company started and finished Job #266. Post by: bernie2981 on Nov 16, 2015 London Ceramics makes custom ceramic tiles. During March, the company started and finished Job #266. Job #266 consists of 2,500 tiles; each tile sells for $12.00. The company's records show the following direct materials were requisitioned for Job #266.
Basic terra cotta tiles: 2,500 units at $4.00 per unit Specialty paint: 5 quarts at $7.00 per quart High gloss glaze: 4 quarts at $12.00 per quart Labor time records show the following employees worked on Job #266: Alice Cooper: 18 hours at $24 per hour Matthew Kline: 20 hours at $13 per hour Sierra Ceramics allocates manufacturing overhead at a rate of $27 per direct labor hour. What is the total amount of direct materials, direct labor, and manufacturing overhead that should be shown on Job #266's job cost record? A) $1,026 B) $10,775 C) $11,801 D) $30,000 Title: Re: London Ceramics makes custom ceramic tiles. During March, the company started and finished Job # Post by: nuclei on Nov 16, 2015 Content hidden
Title: Re: London Ceramics makes custom ceramic tiles. During March, the company started and finished Job #266. Post by: bernie2981 on Dec 1, 2015 Wow! Thank you
|