Expand your knowledge base with the help of IDNLearn.com's extensive answer archive. Discover in-depth answers to your questions from our community of experienced professionals.
Sagot :
The question is incomplete. The complete question is :
Small Manufacturing Company has a standard overhead rate of $42 per hour. The labor rate is $15 per hour. Overhead is applied based on direct labor hours. Jobs B-1 and B-2 were completed during the month of March. Small incurred 140 hours of indirect labor during the month. Job B-1 used 82 direct labor hours and $3650 worth of direct material used. Job B-2 used 130 direct labor hours and $2,900 worth of direct material. What is the total cost of job B-2? Round to closest whole dollar (no cents).
Solution :
Particulars Job B-2
Direct material used $ 2,900
Add : Direct labor cost (130 hours x $15) $ 1,950
Add : overhead cost (130 hours x $ 42) $ 5,460
Total Cost of Job B-2 $ 10,310
Therefore, the total cost of the Job B-2 is $ 10,310.
We value your presence here. Keep sharing knowledge and helping others find the answers they need. This community is the perfect place to learn together. Discover the answers you need at IDNLearn.com. Thanks for visiting, and come back soon for more valuable insights.