Nadal Corporation manufactures custom molds for use in the extrusion industry. The company allocates manufacturing overhead based on machine hours. Selected data for costs incurred for Job 532 are as follows: Direct materials used $ 5 comma 100 Direct labor cost $ 36 comma 900 Predetermined manufacturing overhead rate based on machine hours $ 18 Direct labor hours worked 4 comma 000 Machine hours used 230 What is the manufacturing cost of Job 532?

Question

contestada

Respuesta :

zainsubhani zainsubhani · Answer 1 · 2020-02-06T06:23:07+01:00

Answer:

Manufacturing cost of job 532 = $46140

Explanation:

Given Data:

Direct Material Cost= $5,100

Direct Labor Cost=$36,900

Predetermined manufacturing overhead rate based on machine hours=$18

Direct labor hours worked =4,000

Machine hours used= 230

Required:

Manufacturing cost of Job 532=?

Solution:

Manufacturing cost=Direct Material Cost+Direct Labor Cost+(Manufacturing overhead rate * Machine hours used)

Manufacturing cost= $5,100+$36,900+($18*230)

Manufacturing cost= $46140