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jadinh jadinh
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A year ago

Temby 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 10,000 machine-hours, total fixed manufacturing overhead cost of $88,000, and a variable manufacturing overhead rate of $3.20 per machine-hour. Job K418, which was for 50 units of a custom product, was recently completed. The job cost sheet for the job contained the following data:

Total machine-hours150
Direct materials$ 580
Direct labor cost$3,900

Required:

a. Calculate the estimated total manufacturing overhead for the year.

b. Calculate the predetermined overhead rate for the year.

c. Calculate the amount of overhead applied to Job K418.

d. Calculate the total job cost for Job K418.

e. Calculate the unit product cost for Job K418.

f. Calculate the selling price for Job K418 if the company marks up its unit product costs by 30%.

Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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nieceyniecey
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A year ago
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jadinh Author
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A year ago
this is exactly what I needed
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
Brilliant
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