For XYZ Company, the following information related to costs is available for the last quarter: direct materials $1,000, direct labor $2,000, variable MOH $200, fixed MOH$1,800 and selling and...


For XYZ Company, the following information related to costs is available for the last quarter: direct materials $1,000, direct<br>labor $2,000, variable MOH $200, fixed MOH$1,800 and selling and administrative expenses $3,000. The product cost under<br>absorption costing is:<br>Oa.<br>$8,000<br>O b. $3,200<br>O c $5,000<br>O d. $4,800<br>O e.<br>none of the given answers<br>

Extracted text: For XYZ Company, the following information related to costs is available for the last quarter: direct materials $1,000, direct labor $2,000, variable MOH $200, fixed MOH$1,800 and selling and administrative expenses $3,000. The product cost under absorption costing is: Oa. $8,000 O b. $3,200 O c $5,000 O d. $4,800 O e. none of the given answers
ion<br>A Company uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor cost.<br>The company based its predetermined overhead rate for the current year on total estimated manufacturing overhead cost of<br>40% of direct labor cost. The job cost sheet of Job2121 shows that the number of units in this job order is 60 units which<br>incurred total of 90 labor-hours. This job consumed $20/unit of direct materials cost and $90/hour of direct labor. What would<br>be the total manufacturing cost for Job2121 approximately?<br>of<br>Oa.<br>$11,340<br>O b. $4,440<br>Oc.<br>None of the given answers.<br>O d. $9,300<br>O e. $12,540<br>

Extracted text: ion A Company uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor cost. The company based its predetermined overhead rate for the current year on total estimated manufacturing overhead cost of 40% of direct labor cost. The job cost sheet of Job2121 shows that the number of units in this job order is 60 units which incurred total of 90 labor-hours. This job consumed $20/unit of direct materials cost and $90/hour of direct labor. What would be the total manufacturing cost for Job2121 approximately? of Oa. $11,340 O b. $4,440 Oc. None of the given answers. O d. $9,300 O e. $12,540

Jun 11, 2022
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