paolaf9996
05.06.2020 •
Business
The computer workstation furniture manufacturing that Santana Rey started in January is progressing well. As of the end of June, Business Solutions's job cost sheets show the following total costs accumulated on three furniture jobs
Job 602 Job 603 Job 604
Direct Materials $1,700 $3,100 $2,600
Direct labor 1,000 1,340 1,800
Overhead 500 670 900
Job 602 was started in production in May, and these costs were assigned to it in May: direct materials, $500; direct labor, $250; and overhead, $125. Jobs 603 and 604 were started in June. Overhead cost is applied with a predetermined rate based on direct labor costs. Jobs 602 and 603 are finished in June, and Job 604 is expected to be finished in July. No raw materials are used indirectly in June. (Assume this company’s predetermined overhead rate did not change over these months).
1. What predetermined overhead rate is used in June?
2. How much cost is transferred to finished goods inventory in June?
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Ответ:
1. 50%
2. $8,310
Explanation:
1. The computation of predetermined overhead rate is used in June is shown below:-
Predetermined overhead rate = Overhead Cost ÷ Direct labor Cost
= $125 ÷ $250
= 50%
2. The computation of cost is transferred to finished goods inventory in June is shown below:-
Job Raw Direct Overhead Total Cost transferred
material labor applied Cost to finished goods
602 $1,700 $1,000 $500 $3,200 $3,200
603 $3,100 $1,340 $670 $5,110 $5,110
604 $2,600 $1,800 $900 $5,300
Total
cost $7,400 $4,140 $2,070 $13,610 $8,310
The total cost is comprise of raw material, direct labor and overhead applied
And since Job 602 and 603 are finished in June so the same is to be considered and The job 604 is expected to finished in July so the same is not relevant
Ответ:
r u a girl? lol
Explanation:
lol why would you ever do that? just get adult toys