Ask Question
BusinessBusiness
2 May, 03:09

Tally Company uses job costing. The job cost record for Job A61 on March 1 showed a balance of $5,200. The job was completed on March 16. During March materials requisitions for this job were $2,300. Labor time records for this job in March were $4,000. Manufacturing overhead is allocated based on direct labor cost. The rate is 90% of direct labor cost. How much is the total cost of Job A61?

+4
Answers (1)
  1. 2 May, 03:17
    0
    Total cost = $15,100

    Explanation:

    Giving the following information:

    The job cost record for Job A61 on March 1 showed a balance of $5,200.

    Job A61:

    March:

    Direct materials = $2,300.

    Direct Labor = $4,000.

    Manufacturing overhead is allocated based on direct labor cost. The rate is 90% of direct labor cost.

    MOH = 4000*0.9 = $3,600

    Total cost = 5,200 + 2,300 + 4,000 + 3,600 = $15,100
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Tally Company uses job costing. The job cost record for Job A61 on March 1 showed a balance of $5,200. The job was completed on March 16. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Developers of 25 or more lots must provide buyers with which document before signing the sale contract?
Answers (1)
Max Weber believed that a company that is a bureaucracy never achieves a competitive advantage because it is inefficient and is plagued with management problems. True or False
Answers (1)
Marie claims that a Nebraska state statute infringes on her "procedural due process" rights. This claim focuses on a. procedures used in making decisions to take life, liberty, or property. b. the content of the statute. c.
Answers (1)
The best moment to answer the phone is
Answers (2)
What are the three types of economic resources? Give an example of each type of resource.
Answers (2)
New Questions in Business
How is solving the problem of organizing protistan diversity a model for understanding the process of science?
Answers (1)
Shelly is looking at the life insurance policies listed in the table below. Which insurance company provides the most coverage per dollar of premium?
Answers (1)
For a manufacturing firm, cost of goods available for sale is computed by adding the beginning finished goods inventory to
Answers (1)
Judy is a cash basis attorney. This year, she performed services in connection with the formation of a corporation and received stock with a value of $4,000 for her services. By the end of the year, the value of the stock had decreased to $2,000.
Answers (1)
Compute the average days in inventory ratio using the following information: Net sales is $200,000 for the year, cost of goods sold are $80,000, last year's total assets were $900,000, and this year's total assets are $1,100,000.
Answers (1)
Home » Business » Tally Company uses job costing. The job cost record for Job A61 on March 1 showed a balance of $5,200. The job was completed on March 16. During March materials requisitions for this job were $2,300.
Sign Up Forgot Password?