Hogle company job ordering costing

Bunnell corporation what is the total manufacturing cost added to work in process during the year

For example, the company may be profitable overall i. Due to greater than expected demand for its products, the company worked 80, machine-hours on all jobs during the year. The following additional information is available for the company as a whole and for Jobs P and Q all data and questions relate to the month of March : Required: 1. A job cost sheet is a form prepared for a job that records the materials, labor, and manufacturing overhead costs charged to that job. Post the relevant information above to each account. Stop after computing the unadjusted cost of goods sold. Is Manufacturing Overhead underapplied or overapplied for the year? Use the direct method to determine cost of goods sold. Determine the amount of manufacturing overhead that would have been applied to all jobs during the period.

Prepare an income statement. This costing technique results in a broad, average unit cost figure that applies to homogeneous units flowing in a continuous stream out of the production process. How much manufacturing overhead was applied to Job P and Job Q?

Bunnell corporation is a manufacturer that uses job-order costing. on january 1

Each coupling requires two connectors and one housing, so to make two couplings, four connectors and two housings are required. The company uses a plantwide predetermined overhead rate based on direct labor-hours. Determine the amount of manufacturing overhead that would have been applied to all jobs during the period. What is the total amount of manufacturing cost assigned to Job Q as of the end of March including applied overhead? All of the jobs in progress at the end of the month were completed and shipped to customers. What is the unit product cost for Job ? A job cost sheet is a form prepared for a job that records the materials, labor, and manufacturing overhead costs charged to that job. Determine under-applied or over-applied overhead.

Post the relevant information above to each account. Should any overhead cost be added to Job Q at year-end? Use the indirect method to determine cost of goods sold.

Post the entries in 1 above to T-accounts do not What is the total amount of manufacturing cost assigned to Job Q as of the end of March including applied overhead?

5. what is the total manufacturing cost added to work in process during the year?

A total of units were produced in Job

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