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
1.) Consider two chains R and S, each having 3 and 6 links respectively. Each link's resisting strength is normally distributed with a mean of 60,000 psi and standard deviation of

Use inductive reason to find a pattern for the answers. 9x9=81 99x99=9801 999x999=998001 9999x9999=99980001 99999x99999=?

1) Define and explain the following: i) Ordering cost ii) Safety stock iii) Re-order point 2) Profit Volume Chart. 3) Discuss the various techniques of financial statement analysis


what are the disadvantages of quantatity tecqines..

what are the types of sampling errors and their causes?

MEASURES OF CENTRAL TENDENCY: 1) What do you mean by the term "Statistics"? Also state the importance of statistics. 2) What is the difference between mean, median and mode

I need help with online accounts homework.

Momentum and Energy Statement 1: If there is a definite force there is a definite displacement, which means that work is done definitely by the force. And Statement 2: The wor

The High Company Balance Sheet Assignment (to be completed using Microsoft Excel) -Create T accounts for each transaction #1-10 -Create a trial balance -Create Income Statement -