Facebook Twitter Ukedin The Weather Chanl Yelp TrpAdvsor Chapter 4 Qui Beckner I

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Facebook Twitter Ukedin The Weather Chanl Yelp TrpAdvsor Chapter 4 Qui Beckner Inc. is a job-order manufacturer. The company ases a predetermined overhead rete based on direct labor hours to apply overhead to indlividuel jobs For the current year, estimated direct labor hours are 133,000 and estimeted factory overhead is $784,700. The following information is for Septembet. Job X was completed during September, while Job Y was started but nct finished Materias Work-In-process (All Job Finished goods $24,000 53 400 05,500 $157000 Materlals purchases Direct materials r ob X Job y 574000 68000 Job X 5,500 Labor costs incurred: Direct labor ($6.00 per hour) Indlrect labor Fectory supervisory salarles $75.000 24.200 1000 Rental costs: 9,300 Factory Total equipment deprecia 10 400 Factory Admiristrative offices Indirect materias uted The total ending work-in-process for September is

Explanation / Answer

Closing WIP (JOb Y):

DM = 68000

DL = 33000 (5500*6)

Overhead = 32450 (5500*5.9)

total WIP = 133450

PDR for overhead = 784700/133000

= 5.9 per DL hour

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