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  • 05 Laboratory Exercise 1 - ARG

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    Sophia Navarro
    82 views1 page
    The document provides cost information for a manufacturing job including direct labor hours, machine hours, material costs, labor rates, and overhead rates to calculate a total job cost of $13,427.50. It also lists the monthly operating expenses of a company totaling $35,900 including expenses for labor, rent, insurance, advertising, utilities, and sales. The total variable cost per unit is $50 and unit cost calculated is $54.49.

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    The document provides cost information for a manufacturing job including direct labor hours, machine hours, material costs, labor rates, and overhead rates to calculate a total job cost of $13,427.50. It also lists the monthly operating expenses of a company totaling $35,900 including expenses for labor, rent, insurance, advertising, utilities, and sales. The total variable cost per unit is $50 and unit cost calculated is $54.49.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    82 views1 page

    05 Laboratory Exercise 1 - ARG

    Uploaded by

    Sophia Navarro
    The document provides cost information for a manufacturing job including direct labor hours, machine hours, material costs, labor rates, and overhead rates to calculate a total job cost of $13,427.50. It also lists the monthly operating expenses of a company totaling $35,900 including expenses for labor, rent, insurance, advertising, utilities, and sales. The total variable cost per unit is $50 and unit cost calculated is $54.49.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 1

    Job Components Values

    Direct labor hours 65


    Machine hours 45
    Amount of materials in peso 8,000
    Average direct labor rate per hour 75
    Predetermined overhead rate per direct labor hour 8.5

    Direct Labor 4,875.00


    Applied Overhead 552.50
    Total cost of the job 13,427.50

    Operating Expenses Values


    Total variable cost per unit 50
    Labor 20,000
    Rent 4,000
    Insuramce 900
    Advertising 3,000
    Utilities 8,000
    Sales 8,000

    Total fixed cost 35,900.00


    Unit cost 54.49

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