Find what the total manufacturing cost recorded on job

Assignment Help Cost Accounting
Reference no: EM132747010

John Company uses a predetermined overhead rate based on machine-hours to apply manufacturing overhead to jobs. The company manufactures tools to customer specifications. The following data pertain to Job 1501:

Direct materials used P 4,200

Direct labor-hours worked 300

Direct labor rate per hour P 8.00

Machine-hours used 200

Predetermined overhead rate per machine-hour P 15.00

Problem 1: The total manufacturing cost recorded on Job 1501 would be P

Reference no: EM132747010

Questions Cloud

Leadership is least important in above four categories : We have covered many topics in this course. Here is a partial list grouped into categories. Why Leadership is least important in the above 4 categories?
What the order point would be in units : Normal lead time in working days 30, Assuming that the units of Material Y will be required evenly throughout the year, the order point would be in units
Leveraged cloud computing technologies : Select an organization that has leveraged Cloud Computing technologies in an attempt to improve profitability or to give them a competitive advantage.
Determine what the company total fixed expenses are p : Paul Company is a retailer. At a sales level of P450,000, Kramer Company's gross margin is P90,000. The company's total fixed expenses are P
Find what the total manufacturing cost recorded on job : Find what the total manufacturing cost recorded on Job 1501 would be P? John Company uses a predetermined overhead rate based on machine-hours
Determine the amount of payroll department costs chargeable : Jude Falls Corp. has three producing departments, A, B, and C, The amount of Payroll Department costs chargeable to Department C is P
Find what manufacturing overhead for woodman company : Find What manufacturing overhead for Woodman Company for last year was?Woodman Company uses a predetermined overhead rate based on direct labor
Future trends in information systems infrastructure : What are two future trends in information systems infrastructure
What is the risk premium on the market : What is the risk premium on the market? If an investment with a beta of 0.7 offers an expected return of 8.5%, does it have a positive or negative NPV

Reviews

Write a Review

Cost Accounting Questions & Answers

  Cost accounting assignment

Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.

  Prepare the journal entries

Prepare the journal entries to record the bond issue and interest expense.

  Advise as to the liability of all the parties

Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.

  Prepare revenues budget

Prepare Revenues budget and Production budget in units

  Effect of exchange rate changes on cash and cash

Effect of exchange rate changes on cash and cash

  Corporate governance

You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.

  Cost-benefit analysis

A cost-benefit analysis of electronic medical records in primary care

  Non-annual interest rates and annuities

Theory of Interest- Non-annual interest rates and annuities

  Job costing in service organizations

How is job costing in service organizations different from job costing in manufacturing environments?

  Accounting for bad debt expense

Accounting for bad debt expense

  Accounting and partnership problems

Accounting and Partnership problems

  Development of relevant cash flows

Development of relevant cash flows - Cost estimating and financial analysis

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd