Nadal Corporation manufactures custom molds for use in the extrusion industry. The company allocates manufacturing overhead...
Nadal Corporation manufactures custom molds for use in the extrusion industry. The company allocates manufacturing overhead based on machine hours. Selected data for costs incurred for Job 532 are as follows:
|
Direct materials used |
$5,000 |
|
Direct labor cost |
$36,800 |
|
Predetermined manufacturing overhead rate based on machine hours |
$17 |
|
Direct labor hours worked |
3,100 |
|
Machine hours used |
290 |
What is the manufacturing cost of Job 532?
A.
$41,800
B.
$94,500
C.
$46,730
D.
$4,930
Homework Answers
Total manufacturing overhead=Predetermined overhead rate*Machine hours used
=(17*290)=$4930
Total manufacturing cost=Direct materials used+Direct labor cost+Total manufacturing overhead
=(5000+36800+4930)
=$46730.
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Nadal Corporation manufactures custom molds for use in the
extrusion industry. The company allocates manufacturing overhead...
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