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H3Ko H3Ko
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Posts: 4891
7 years ago
Gill Manufacturing uses a predetermined overhead allocation rate based on a percentage of direct labor cost. At the beginning of the year, Gill estimated total manufacturing overhead costs at $1,010,000 and total direct labor costs at $840,000. In June, Gill completed Job 511. The details of Job 511 are shown below. (Round to 2 decimal places.)

Direct materials cost   $23,500
Direct labor cost   $13,000
Direct labor hours   300 hours
Units of product produced   500 units

How much was the total job cost of Job 511? (Round any percentages to two decimal places and your final answer to the nearest dollar.)
A) $36,860
B) $64,700
C) $37,100
D) $52,100
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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TanksTanks
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Posts: 1274
7 years ago
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H3Ko Author
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7 years ago
YES! Can't believe I got this one right. Appreciate the confirmation
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3 years ago
Thank yiu
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3 years ago
ok
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3 years ago
thank you
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3 years ago
ty
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2 years ago
Perfect!!
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