Heritage gardens uses a job-order costing system to track

Assignment Help Accounting Basics

Reference no: EM13587296

Heritage Gardens uses a job-order costing system to track the costs of its landscaping projects. The company uses a job-order costing system to track the costs of its landscaping projects. The table below provides data concerning the three landscaping projects that were in progress during May. There was no work in process at the beginning of May.

	PROJECTS
	Williams	Chandler	Nguyen
Designer Hours	200	80	120
Direct Materials	$ 4,800.00	$ 1,800.00	$ 3,600.00
Direct Labor	$ 2,400.00	$ 1,000.00	$ 1,500.00

Actual overhead costs were $16,000 for May. Overhead costs are applied to projects on the basis of designer- hours since most of the overhead is related to the costs of the garden design studio. The predetermined overhead rate is $45 per

designer- hour. The Williams and Chandler projects were completed in May; the Nguyen project was not completed by the end of the month. No other jobs were in process during May.

QUESTION 1 - Compute the amount of overhead cost that would have been applied to each project during May. Show your work.

QUESTION 2 - Determine the cost of goods manufactured for May. Show your work.

QUESTION 3 - What is the accumulated cost of the work in process at the end of the month? Show your work.

Reference no: EM13587296

Questions Cloud

36 grams of an impure zinc sample are reacted with excess : 36 grams of an impure zinc sample are reacted with excess hydrochloric acid and 10 l of hydrogen gas are collected at

A copper wire density 896 gcm3 has a diameter of 019 mm : a copper wire density 8.96 gcm3 has a diameter of 0.19 mm. if a sample of this copper wire has a mass of 48 g how long

Jim inherits stock from his brother who died in march when : jim inherits stock from his brother who died in march when the property had a 6.9 million fmv. this property is the

Why the boiling point of deuterium is higher than protium : why the boiling point of deuterium is higher than protium?what is the relationship between the molar mass affected

Heritage gardens uses a job-order costing system to track : heritage gardens uses a job-order costing system to track the costs of its landscaping projects. the company uses a

An equilibrium mixture of this reaction at a certain : question consider the following reactioncog2h2glt-gtch3ohgan equilibrium mixture of this reaction at a certain

How does temperature affect the extent of dissociation of : how does temperature affect the extent of dissociation of

Willis corporation has beginning inventory 76000 purchases : willis corporation has beginning inventory 76000 purchases 487000 freight-in 15900 purchase returns 5400 purchase

Depreciation recorded on plant and equipment 28000 : hudson company uses a job-order costing system. the following transactions took place last yeara. raw materials were

User Account

All Pages