Welcome to the article Newhard Company assigns overhead cost to jobs on the basis of 118 of direct labor cost The job cost sheet for Job 313 includes 17. On this page, you will learn the essential and logical steps to better understand the topic being discussed. We hope the information provided helps you gain valuable insights and is easy to follow. Let’s begin the discussion!
Answer :
Answer:
A. Manufacturing costs =$41,850
B. Unitary cost = $27
Explanation:
Given the following information,
Newhard company assigns overhead costs to jobs based on 118% of direct labor cost
The Job cost sheet for job 313 includes $17,870 in direct materials cost and $11,000 in direct labor cost
A. Manufacturing costs = Direct materials + Direct labor + Manufacturing overhead
= $17,870 + $11,000 + ($11,000 × 1.18%))
= $17,870 + $11,000 + $12,980
= $41,850
B. Unitary cost = $41,850 / 1,550
Unitary cost = $27
Thank you for reading the article Newhard Company assigns overhead cost to jobs on the basis of 118 of direct labor cost The job cost sheet for Job 313 includes 17. We hope the information provided is useful and helps you understand this topic better. Feel free to explore more helpful content on our website!
- What is the perimeter of the figure 32 0cm 51 0cm 19 0cm 63 0cm.
- The sign shows when a lift is safe to use the total mass of people should be 480 kg or less Fred and some other.
- The sign shows when a lift is safe to use the total mass of people should be 480 kg or less Fred and some other
Rewritten by : Brahmana