What is the direct materials cost for job

Assignment Help Accounting Basics
Reference no: EM131671706

Question - Chico's Clockworks uses job order costing for its custom clock-making business. Job GF1260 is a custom-made grandfather clock. Chico's job cost sheet for Job GF1260 shows a total cost of $4,265, including direct labor of 50 hours at $20 per hour. Overhead is applied at 100% of direct labor cost. What is the direct materials cost for Job GF1260?

A: $1,000

B: $3,455

C: $2,265

D: $2,895

Reference no: EM131671706

Questions Cloud

Given your experience and knowledge what is your opinion : TV advertising has long been deemed the most successful marketing medium for consumer products.Given your experience and knowledge what is your opinion?
Effects of sleep deprivation on rote memory : An experiment is performed to test the effects of sleep deprivation on rote memory. The dependent variable in this experiment would be?
Analyze the impact of gender on interpersonal communications : Explain the principles of and barriers to effective interpersonal communications. Analyze the impact of gender and culture on interpersonal communications.
Students who do better in high school usually : Students who do better in high school usually do better in college as well. What kind of correlation can this be best described as?
What is the direct materials cost for job : Chico's Clockworks uses job order costing for its custom clock-making business. What is the direct materials cost for Job GF1260
Why the paradigm of unlimited growth is wrong : Explain, in your own words, why the Paradigm of Unlimited Growth is wrong - How could this paradigm be changed with modifications in your Ecological Footprint
Find total number of different pizzas that can be ordered : A pizza can be ordered with up to four different toppings. Find the total number of different pizzas (including no toppings) that can be ordered.
Hypothesis that music improves learning : Test scores of students who study to music were compared to those who study in silence to test the hypothesis that music improves learning.
Either the experimental or control group : When subjects each have an equal chance of being assigned to either the experimental or control group, they are said to be assigned to which particular pattern?

Reviews

Write a Review

Accounting Basics Questions & Answers

  The existing asset can be sold for 25000 the new asset will

a corporation has decided to replace an existing asset with a newer model. two years ago the existing asset originally

  There were 6000 units in beginning inventory during the

there were 6000 units in beginning inventory. during the year the company manufactured 60000 units and sold 63500

  Type your question herelankford manufacturing carries no

type your question herelankford manufacturing carries no inventories. its product is manufactured only when a customers

  While doing an audit you discover inconsistencies in the

while doing an audit you discover inconsistencies in the companys expenses. address the following middot why might a

  X company estimates that 1700 direct labor hours will be

x company has the following estimated costs for the year direct materials 62800 direct labor 23800 factory supplies

  Why is the eps number so popular

Why is the EPS number so popular? What are its limitations?

  Efficiency and effectiveness of the two companies

J-mart and Buy-Lo are two companies that sell identical products. They are located in different parts of the same city. During September, J-mart sold $25,000 of goods, while Buy-Lo sold $19,000.J-mart's profit was $9,000, and Buy -Lo profit was $3..

  Based on the relative amount of their initial investment

The investments increased in value by $ 3,000 Income of $ 10,000 was paid to the two cities, based on the relative amount of their initial investment.

  What are the portfolio weights for a portfolio that has 110

what are the portfolio weights for a portfolio that has 110 shares of stock a that sell for 79 per share and 85 shares

  Classify each of the costs as a capital expenditure or a

hometown delivery co. incurred the following costs related to trucks and vans used in operating its delivery service

  Variable or absorption costing method

Write a paper of no more than 350 words after completing Exercise 19-17 in WileyPLUS in which you respond to the following questions: In this case, would it be better to use the variable or absorption costing method, and why?

  Some vacant land for investment purposes

LO.3 Olivia wants to buy some vacant land for investment purposes. She cannot afford the full purchase price. Instead, Olivia pays the landowner $8,000 to obtain an option to buy the land for $175,000 anytime in the next four years. Four- teen mon..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd