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Author Question: Crabtree Ornaments Company uses job costing. Crabtree Ornaments Company has two departments, ... (Read 3335 times)

Mollykgkg

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Crabtree Ornaments Company uses job costing. Crabtree Ornaments Company has two departments, Trimming and Finishing. Manufacturing overhead is allocated based on direct labour cost in the Trimming Department and direct labour hours in the Finishing Department. The following additional information is available:

Estimated amountsTrimming DeptFinishing Dept
Direct labour cost $240,000 $425,000
Direct labour hours            25,000            40,000
Manufacturing overhead costs $360,000 $280,000

Actual data for completed Job No. 650 is as follows:

Actual amountsTrimming DeptFinishing Dept
Direct materials requisitioned $24,300 $49,500
Direct labour cost $36,100 $38,500
Direct labour hours              4,400              4,000


If Crabtree Ornaments Company Job No. 650 consists of 400 units of product, the average unit cost of this job is closest to
◦ $371.00.
◦ $576.38.
◦ $501.17.
◦ $205.38.


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Marked as best answer by Mollykgkg on Jan 4, 2020

kescobar@64

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Mollykgkg

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Reply 2 on: Jan 4, 2020
YES! Correct, THANKS for helping me on my review


chjcharjto14

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Reply 3 on: Yesterday
Excellent

 

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