Job order costing, accounting, Basic Statistics

Bedovin company manufactures office tables and chairs using job order costing. The data given below were taken from the records as of April 30, the first month of operations.

Job no.-- materials-- direct labor hours--- directlabor cost
121 ---- 2,160---------- 650---- --------------800
122 ---- 4,575--------- 1850 ----------------3625
123---- 5,637 ----------4100 ----------------7162.50
124 ----1,612---------- 750 ------------------1400
125---- 3,250--------- 1600 -----------------3,050
126 ----1,375 ----------490 ---------------- 825

In april, jobs no. 121, 122 and 125 were completed, job nos. 124 and 125 were sold for 6,200 and 15,200 respectively. overhead is applied at a rate of 1.50 per direct labor, actual factory overhead for april amounted to 15,175.00

what is the total cost of goods manufactured for the month?
what is the gross profit for the month?

Posted Date: 2/17/2012 6:24:07 AM | Location : United States







Related Discussions:- Job order costing, accounting, Assignment Help, Ask Question on Job order costing, accounting, Get Answer, Expert's Help, Job order costing, accounting Discussions

Write discussion on Job order costing, accounting
Your posts are moderated
Related Questions
what are commonly missed driver''s test questions?

What is the probability 0.10 called?


Data for ogive graph in sectors of indian economy

Use your data to perform the following tasks. 1.  Based on the variables, construct a design that consists only main effects of one categorical IV and at least two continuous DV

Questions In one hybridization experiment 8070 offspring seeds were obtained, and 23.54% of them had green flowers.  The others had white flowers.  Perform a hypothesis test



Q. What is Univariate and Bivariate Data? Ans. Univariate data is data gathered about a single variable. Univariate studies could include a study of the amount paid by Am

If 9 population means are not all equal with a conclusion from ANOVA, we should expect that?