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Calculate the product cost of job Q

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Question problem 1: The following costs are allocated to job Q. Calculate the product cost of job Q as would be reported externally on the financial statements.

Direct materials                  $340,000

Direct labor                       $810,000

Variable MOH                      $64,000

Fixed MOH                         $120,000

Selling costs                       $196,000

General and administrative costs  $20,000

  1. $1,530,000
  2. $1,214,000
  3. $1,334,000
  4. $1,550,000

Reference no: EM132466240

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