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

Women tend to work out together, You notice at the gym that it appears more...

You notice at the gym that it appears more women tend to work out together, while more men tend to work out alone.  To show whether this difference is significant, you collect data

Generate samples for each distribution, Generate 1000 samples for each of t...

Generate 1000 samples for each of the following continuous random variables: (a). Exponential distribution with λ = 1.2 and λ = 2.1 (b). Normal distribution with μ = 3.1, σ

#test, The AM of 10 numbers are 20 and 30 numbers are 60 then find AM of co...

The AM of 10 numbers are 20 and 30 numbers are 60 then find AM of combined data

Ms 4, 2. From the following cost, production and sales data of Decors Motor...

2. From the following cost, production and sales data of Decors Motor Ltd., prepare comparative income statement for three years under (i) absorption costing method, and (ii) margi

Cost control, how to make assignment maintenance cost control

how to make assignment maintenance cost control

Jurnal entry, Depreciation on the company''s equipment for 2011 is computed...

Depreciation on the company''s equipment for 2011 is computed to be $16,000.

Replacement theory, who is the mathematician who invented replacement theor...

who is the mathematician who invented replacement theory of operation research

Homework, 9. From 11 positive integer scores on a 10-point quiz, the mean i...

9. From 11 positive integer scores on a 10-point quiz, the mean is 8, the median is 8, and the mode is 7. Find the maximum number of perfect scores possible on this test.

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