Assume a company had no jobs in progress at the beginning of July and no beginning inventories. It started and completed

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Assume A Company Had No Jobs In Progress At The Beginning Of July And No Beginning Inventories It Started And Completed 1 (23.64 KiB) Viewed 79 times

Assume a company had no jobs in progress at the beginning of July and no beginning inventories. It started and completed only two jobs during July - Job Y and Job Z. The company uses a plantwide predetermined overhead rate based on direct labor-hours. The following additional information from the month of July is available for the company as a whole and for Jobs Y and Z: Estimated total fixed manufacturing overhead $ 13,000 Estimated variable manufacturing overhead per direct labor-hour $ 1.00 Estimated total direct labor hours to be worked 2,000 Total actual manufacturing overhead costs incurred $ 12,800 Direct materials Direct labor cost Actual direct labor hours worked Job Y $ 13,000 $ 21,000 1,400 Job 2 $ 7,900 $ 7,500 490 What is the total job cost for Job Z?