Goldstein Furniture started and finished Job 310 during April. The company's records show that the following direct mate

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Goldstein Furniture started and finished Job 310 during April. The company's records show that the following direct mate

Post by answerhappygod »

Goldstein Furniture Started And Finished Job 310 During April The Company S Records Show That The Following Direct Mate 1
Goldstein Furniture Started And Finished Job 310 During April The Company S Records Show That The Following Direct Mate 1 (182.78 KiB) Viewed 51 times
Goldstein Furniture started and finished Job 310 during April. The company's records show that the following direct materials were requisitioned for Job 310: Click the icon to view the direct materials for Job 310.) Labor time records show the following employees (direct labor) worked on Job 310: (Click the icon to view the labor time records for Job 310.) Goldstein allocates manufacturing overhead at a rate of $9 per direct labor hour. Read the requirements, Requirement 1. Compute the total amount of direct materials, direct labor, and manufacturing overhead that should be shown on Job 310's job cost record. Job Cost Record for Job 310 Total Direct Materials: Lumber Padding units at per unit yards at per yard yards at per yard Upholstery fabric Total Direct Materials Direct Labor: Vince Owens hours at per hour Max Kaufman hours at per hour Total Direct Labor hours Manufacturing Overhead Allocated: 9 Per direct labor hour Total Job Cost
- Х More info Х More info Lumber: 53 units at $4 per unit Padding: 9 yards at $16 per yard Upholstery fabric: 26 yards at $26 per yard Vince Owens: 15 hours at $18 per hour Max Kaufman: 14 hours at $16 per hour Print Done Print Done Requirements 1. Compute the total amount of direct materials, direct labor, and manufacturing overhead that should be shown on Job 310's job cost record. Job 310 consists of nine recliners. If each recliner sells for $875, what is the gross profit per recliner? 2. Print Done
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply