Question

The records at smith and​ jones, inc. show that job 110 is charged with​ $12,000 of direct materials and​ $11,000 of direct labor. smith and​ jones, inc. allocate manufacturing overhead at​ 85% of direct labor cost. what is the total cost of job no.​ 110?

Answer 1

To solve:

Direct marterial cost = $12,000

Direct labor cost = $11,000

Manufacturing overhead = 85% of direct labor cost = $9,350

Add up all of the costs for the total cost of Job No. 110.

$12,000 + $11,000 + $9,350 = $32,350.