Calculate the cost of job - manufacturing overhead, Cost Accounting

Cube Manufacturing began two jobs during May 200X. The company had no beginning inventory. The following information is available:

                                               Job 211                 Job 212

Direct material                            $13,600                 $11,900

Direct labor                                $13,200                 $8,900

Machine hours                            360                         210

The company estimates manufacturing overhead for May 200X is $186,000, and the company estimates that 6,000 machine hours will be used during the year. Cube applies overhead to production based on machine hours per job.

Required:

A. Calculate the cost of Job 211.

B. Calculate the cost of Job 212.

 

Posted Date: 3/20/2013 4:13:18 AM | Location : United States







Related Discussions:- Calculate the cost of job - manufacturing overhead, Assignment Help, Ask Question on Calculate the cost of job - manufacturing overhead, Get Answer, Expert's Help, Calculate the cost of job - manufacturing overhead Discussions

Write discussion on Calculate the cost of job - manufacturing overhead
Your posts are moderated
Related Questions
The vice president of operations of six layer computer Inc. is evaluating the performance of two divisions organized as investments centers. Invested assets and condensed income st

elements for jobwork COST SHEET

UTILITY OF BREAK EVEN POINT IN MANAGERIAL DECISION MAKING 1. It assists in determination of sales mix 2. It assists in exploring new markets 3. It assists in deciding abo


Critical Thinking about Cost Flow It is simple to overlook an important aspect of cost flow within a manufacturing operation. If you see that have taken note of an important co

What is an advantage of using absorption costing? A. It permits a business to calculate the break-even point for production. B. It permits a business to calculate the total c

Labour Variances From our basic data, we can calculate the labour variances as given as: i. Labour Rate Variance = (AH x AR) - (AH  x SR)

Q. What is the amount of compensation expense recognized for stock options for each year of the vesting period, given the following information?  A firm awards stock options at-

from the following particulars calculate the earning of worker . rate per hours $0.50 standard time 200 hours time taken 140 hours

Classification of Labour Costs This can be classified into like: a) Indirect or Direct cost b) Variable or Fixed cost c) Non controllable and controllable cost a)