What is the total cost of job number

Assignment Help Financial Accounting

Reference no: EM13133467

a company operates a job costing system. Job number 607 requires RM300 of direct materials, RM400 of direct labour and RM100 of direct expenses. Direct labour is paid at a rate of RM8 per hour. Production overheads are absorbed at a rate of RM40 per direct labour hour and non-production overheads are absorbed at a rate of 150% of prime cost.

What is the total cost of job number 607?

Reference no: EM13133467

Questions Cloud

Full year of depreciation expense : Captain Inc. purchases a depreciable asset for $100,000. The life of the asset is 10 years and it has an estimated salvage value of $10,000. Captain Inc. takes a full year of depreciation expense in the year the asset is acquired. Which of the fol..

What major disadvantage of this method : Delmar Corporation is considering the use of residual income as a measure of the performance of its divisions. What major disadvantage of this method should the company consider before deciding to institute it?

What is expected number of contracts that company will win : What is the expected number of contracts that it will win? What is the expected profit for each contract? What is the company's expected total profit on these three bids?

Given this data the annual fixed costs are : Great Corp. sells its product for $30. Variable costs are $10 per unit. At the current volume of 40,000 units sold per year, the company is just breaking even. Given this data, the annual fixed costs are?

What is the total cost of job number : Direct labour is paid at a rate of RM8 per hour. Production overheads are absorbed at a rate of RM40 per direct labour hour and non-production overheads are absorbed at a rate of 150% of prime cost. What is the total cost of job number 607?

How little would profit for blanc have to be produced : All three wines are produced in the optimal solution. How little would the profit for Blanc have to be for it to no longer be produced?

What is the resultant force : A rope is wrapped around a pole so that a force of 75 lbs acts on one end and a force of 53 lbs acts on the other end. If the angle between the two forces is 114 degrees what is the resultant force?

What controls might be implemented to discourage : What controls might be implemented to discourage the overstatement of capital budgeting estimates by division manager?

What the amount of consolidated sales at end of year : Rose still owes half of the amount of its purchases to Haylay, but had sold all of the inventory it had acquired from Hayley by the end of the year. What the amount of consolidated sales at end of the year?

User Account

All Pages