Newhard Company assigns overhead cost to jobs on the basis of 115% of direct labor cost. The job cost sheet for Job 313 includes $17,435 in direct materials cost and $10,100 in direct labor cost. A total of 1,350 units were produced in Job 313. Required: a. What is the total manufacturing cost assigned to Job 313

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Question:

Newhard Company assigns overhead cost to jobs on the basis of 115% of direct labor cost. The job cost sheet for Job 313 includes $17,435 in direct materials cost and $10,100 in direct labor cost. A total of 1,350 units were produced in Job 313. Required: a. What is the total manufacturing cost assigned to Job 313

Answers

Answer:the total manufacturing cost is $39,150Explanation:The computation of the total manufacturing cost assigned as follows:Overhead costs is = 115% of $10,100= $11,615Now the total manufacturing cost is   = Direct materials cost + Direct labor costs + Overhead costs = $17,435 + $10,100 + $11,615= $39,150Hence, the total manufacturing cost is $39,150

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