Job order costing, accounting, Basic Statistics

Assignment Help:
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?


Related Discussions:- Job order costing, accounting

Definition of batch costing and methods, Batch costing and method of costin...

Batch costing and method of costing whereby identical units produced are treated as a single unit & the cost incurred is shown to the whole of that batch instead of each individual

Chi Square and Z tests, What is it that created the numerical relationship ...

What is it that created the numerical relationship between a chi square test and a z test?

Give structural reasons for the binding dependence, Binding studies were ca...

Binding studies were carried out in which heparin was immobilized on the surface of cuvettes. The pH dependence of HPRG binding to heparin was investigated and the results are show

Homework help, example of descriptive statistics in word form

example of descriptive statistics in word form

Probability, A bag contain 5 white , 7 red and 8 black balls. If four balls...

A bag contain 5 white , 7 red and 8 black balls. If four balls are drawn one by one without replacement, find the probability of getting all white balls.

Clearing account, Clearing account An account used to build up entire char...

Clearing account An account used to build up entire charges, credits so that they can be disseminated later amongst the accounts to which they are allocable, so that the net diffe

Moderate negative correlation, I want as much information about moderate ne...

I want as much information about moderate negative correlation.

Financial statements, Write a report to an investor by comparing the financ...

Write a report to an investor by comparing the financial statements for two different companies

Simple Random Selection, What is the properties of a simple random sample w...

What is the properties of a simple random sample when 50 females are numbered 1 through 50, and males are numbered 51 through 100?

Conduct all steps of the hypothesis test, The owner of Big Fish supermarket...

The owner of Big Fish supermarket was reviewing some data from a research report on the type of advertisements in the local paper that are most effective.  Three types of ads (big

Write Your Message!

Captcha
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