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bernie2981 bernie2981
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8 years ago
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
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Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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bernie2981 Author
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#2
8 years ago
Wow! Thank you
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