question archive he records at Smith and Jones, Inc
he records at Smith and Jones, Inc
Subject:AccountingPrice:2.87 Bought7
he records at Smith and Jones, Inc. show that Job 110 is charged with $ 12 ,000 of direct materials and $ 13 ,000 of direct labor. Smith and Jones, Inc. allocate manufacturing overhead at 85% of direct labor cost. What is the total cost of Job No.110?
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Answer:
manufacturing overhead =(0.85*13000)=$11050
total cost of Job No.? 110=direct material+direct labor+overheads
=(12000+13000+11050)
which is equal to
=$36050.
