Pigot Corporation uses job costing and the budgeted manufacturing costs for the year are as...
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Accounting
Pigot Corporation uses job costing and the budgeted manufacturing costs for the year are as follows: Direct materials $ 740,000 Direct labor 210,000 Factory overhead 630,000 The actual direct materials and direct labor costs charged to Job Number 432 during the year were as follows: Direct materials $29,000 Direct labor 18,000 Pigot applies manufacturing overhead to production orders on the basis of direct labor cost using rates predetermined at the beginning of the year based on the annual budget. The total cost associated with Job Number 432 for the year should be:
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