Welcome to the article Newhard Company assigns overhead cost to jobs based on 119 of direct labor cost The job cost sheet for Job 313 includes 17 948 in. 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 :
Final answer:
To find the total manufacturing cost assigned to job 313, multiply the direct labor cost by 119%. The unit product cost for job 313 is found by dividing the total manufacturing cost by the number of units produced.
Explanation:
To find the total manufacturing cost assigned to job 313, we need to calculate the overhead cost. The overhead cost is obtained by multiplying the direct labor cost by 119%:
Overhead cost = 119% * Direct labor cost = 1.19 * $10,800 = $12,852
The total manufacturing cost assigned to job 313 is the sum of the direct materials cost, direct labor cost, and overhead cost:
Total manufacturing cost = Direct materials cost + Direct labor cost + Overhead cost = $17,948 + $10,800 + $12,852 = $41,600
The unit product cost for job 313 can be found by dividing the total manufacturing cost by the number of units produced:
Unit product cost = Total manufacturing cost / Number of units = $41,600 / 1,600 = $26
Learn more about Manufacturing cost here:
https://brainly.com/question/34080913
#SPJ11
Thank you for reading the article Newhard Company assigns overhead cost to jobs based on 119 of direct labor cost The job cost sheet for Job 313 includes 17 948 in. 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