Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. at the beginning of the year, a company estimated

At the beginning of the year, a company estimated that 20,000 direct labor-hours would be...

60.1K

Verified Solution

Question

Accounting

At the beginning of the year, a company estimated that 20,000 direct labor-hours would be required for the periods estimated level of production. The company also estimated $140,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $1.50 per direct labor-hour. Assume that Job X used $200 in direct materials, $288 of direct labor, and 55 direct labor-hours. What is the total job cost for Job X? Multiple Choice $488.00 $963.50 $955.50 $895.50

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Immunology Describe the two signals needed to activate B and T cells Describe the structure of a...

Biology
Q

5 10 5 5 4

Geometry
Q

The purpose of the poster seen here was to A increase enlistment in all of...

Basic Math
Q

Question 5 (15 marks) Milah started her business on 1st January 20x4. Below...

Accounting
Q

sales less cost of goods sold equals ? net incoke net profit...

Accounting
Q

Select whether the FIFO or LIFO inventory costing method would normally be selected based on...

Accounting
Q

Excel Skills 1. Create formulas with cell references. 2. Use the ROUND function. Thunder Creek...

Accounting
Q

A pragmatic learner can face a challenge with "Creative instructor", True False

Accounting
Q

A fraud investigation consists of four processes and one of these is known as the...

Accounting
Q

It has been said that we own a "franchise" as public accounting firms. 1....

Accounting
Q

If costs are declining, will the LIFO or FIFO method of inventory valuation yield the...

Accounting
Q

Operating Budget, Comprehensive Analysis Ponderosa, Inc., produces wiring harness assemblies used in the production of...

Accounting