Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Assume that during April, the job cost sheet for Job 206 showed the following:
Dept. A Dept. B
Materials requisitioned* $ 4000 $ 3000
Direct labor hours 300 90
Machine hours 80 170
Overhead Applied ? ?
* withdrawn from the inventory.
Required:
§ Compute the total overhead charged to Job 206.
§ Compute the cost per unit for the Job 206-assuming the job order was to produce 20 units
Job Cost Sheet for Job Order No. 206
Amount in $
Direct Materials
Department A
4,000.00
Department B
3,000.00
7,000.00
Direct labor
Department A (15* 300)
4,500.00
Department B (12.08*90)
1,087.20
5,587.20
Prime Cost
12,587.20
Overheads:
Department A (49* 300)
14,700.00
Department B (20*170)
3,400.00
18,100.00
Total cost
30,687.20
Total overhead charged to Job 206 is $ 18,100.
Units Produced in Job 206 = 20
Total cost incurred in Job 206 = $ 30,687.20
Cost per unit for the Job 206 = 30,687.20/20 = $1,534.36
1,534.36
Incremental Costs as Relevant Costs An incremental cost is specifically incurred with the following a course of action and ignorable if such action is not implemented. It cont
An analysis of the fluctuations of current assets and current liabilities that is working capital describes that how the working capital has decreased or increased. We want to iden
Pecos Canyon Winery is a small vineyard/winery located in the Big Bend area of West Texas. The initial cabernet grape vines were planted in the spring of 2004 with the first wine p
Accrued income is an amount earned although not in reality received during the accounting period or till the date of preparation of last accounts for the period concerned. The firs
DEFINITION OF BUDGET As per the Institute of Cost & Management (ICMA), London, a BUDGET is 'a quantitative statement and / or financial, prepared and approved prior to a defin
Standard Costing A standard cost is a predetermined calculation of how much is supposed to be incurred under specific particular working conditions. It is not an average of pa
FNSD analysis example
Master Budget Framework The master budget is the overall quantifications of the budgeting plan. In this, functional budgets are not corporate. A functional budget is a budget
explain the practical application of differential costing with the help of suitable example.
How would I calculate the debt amortization for a bond issued at discount with a maturity of 12 years, market interest rate at issue 10% annually, 5% semi annually, and has a state
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd