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Calculate the total cost of job

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Problem - Air Manufacturing uses job costing and reports the following amounts for 2012:

Budgeted Actual

Overhead cost $9,000,000 $9,007,000

Direct labor cost $7,200,000 $7,172,000

Direct materials cost $4,400,000 $4,554,000

Machine hours 250,000 238,100

The following is reported for job 909:

Direct labor cost $421,700

Direct materials used $258,440

Machine hours 14,230

If direct labor cost is used as the activity base for assigning overhead to jobs, calculate the total cost of job 909.

If machine hours is used as the activity base for assigning overhead to jobs, calculate the total cost of job 909.

Reference no: EM131840381

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