Solution-Compute the total machine hours used in the

Compute the total machine hours used in the production

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Reference no: EM132738800

Problem 1: SJ Company produces jobs to customer specifications. Data for Job # 143 is as follows: Direct materials used was 120,000.00 ; Direct labor hours worked 25,000.00 ; Budgeted Overhead cost 300,000.00 ; Budgeted Direct labor hours 10,000 ; Budgeted Direct machine hours 6,000 ; Machine hours used ??? ; Direct labor rate per hour PHP 5/hr ; Cost of goods available for sale of 550,000.00; Beginning balance of FG Inventory of 120,000.00 ; Cost of goods sold of 500,000.00; Factory Overhead control account of 180,000.00 . Job # 143 was completed at the end of the year. Overhead is applied based on machine hours Compute the total machine hours used in the production.

Reference no: EM132738800

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Compute the total machine hours used in the production

Reference no: EM132738800

Reference no: EM132738800

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