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seraphel seraphel
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A year ago

Tomey Corporation has two production departments, Forming and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Forming Department’s predetermined overhead rate is based on machine-hours and the Finishing Department’s predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates:

FormingFinishing
Machine-hours18,00014,000
Direct labor-hours2,0008,000
Total fixed manufacturing overhead cost$ 99,000$ 70,400
Variable manufacturing overhead per machine-hour$ 2.10
Variable manufacturing overhead per direct labor-hour$ 3.70

During the current month the company started and finished Job T617. The following data were recorded for this job:

Job T617:FormingFinishing
Machine-hours9020
Direct labor-hours3060
Direct materials$ 940$ 350
Direct labor cost$ 960$ 1,920

The total job cost for Job T617 is closest to: (Round your intermediate calculations to 2 decimal places.)



▸ $5,604

▸ $2,584

▸ $684

▸ $3,020
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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Ms T.Ms T.
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seraphel Author
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A year ago
Thank you, thank you, thank you!
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This helped my grade so much Perfect
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Smart ... Thanks!
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