Creative Solutions uses a job-costing system with two direct-cost categories (direct materials and direct manufacturing labor) and one manufacturing overhead cost pool. Creative Solutions allocates manufacturing overhead costs using direct manufacturing labor costs. Creative Solutions provides the following information: Direct material costs Direct manufacturing labor costs Manufacturing overhead costs Budget for 2019 Actual Results for 2019 $2,000,000 $1,500,000 $2666015 $1,900,000 $1,450,000 Required: Compute the cost of Job X using actual costing O a. 118511 O b. 88511 OC 128511 O d. 148015 $2828034 During March, the job-cost record for Job X contained the following information: Direct materials used $40,000 Direct manufacturing labor costs $30,000 Taylor

Creative Solutions uses a job-costing system with two direct-cost categories (direct materials and direct manufacturing labor) and one manufacturing overhead cost pool. Creative Solutions allocates manufacturing overhead costs using direct manufacturing labor costs. Creative Solutions provides the following information: Direct material costs Direct manufacturing labor costs Manufacturing overhead costs Budget for 2019 Actual Results for 2019 $2,000,000 $1,500,000 $2666015 $1,900,000 $1,450,000 Required: Compute the cost of Job X using actual costing O a. 118511 O b. 88511 OC 128511 O d. 148015 $2828034 During March, the job-cost record for Job X contained the following information: Direct materials used $40,000 Direct manufacturing labor costs $30,000 Taylor

Name: Creative Solutions uses a job-costing system with two direct-cost cat
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Description: Creative Solutions uses a job-costing system with two direct-cost categories (direct materials and directmanufacturing labor) and one manufacturing overhead cost pool. Creative Solutions allocates manufacturingoverhead costs using direct manufacturi

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 2PB: The following product costs are available for Kellee Company on the production of eyeglass frames:...

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