Iglesias,Inc.completed Job 12 on November 30.The details of Job 12 are given below: $$\begin{array} { | l | l | }
\hline \text { Direct labor cost } & \$ 890 \
\hline \text { Direct materials cost } & \$ 1100 \
\hline \text { Machine hours } & 8 \text { hours } \
\hline \text { Direct labor hours } & 21 \text { hours } \
\hline \text { Predetermined overhead allocation rate } & \$ 60 \text { per machine hour } \
\hline
\end{array}$$ What is the total cost of Job 12?

Question

Iglesias,Inc.completed Job 12 on November 30.The details of Job 12 are given below: $$\begin{array} { | l | l | } 
\hline \text { Direct labor cost } & \$ 890 \
\hline \text { Direct materials cost } & \$ 1100 \
\hline \text { Machine hours } & 8 \text { hours } \
\hline \text { Direct labor hours } & 21 \text { hours } \
\hline \text { Predetermined overhead allocation rate } & \$ 60 \text { per machine hour } \
\hline
\end{array}$$ What is the total cost of Job 12?

Quizplus · Accepted Answer

The total cost of Job 12 is calculated by adding direct labor cost, direct materials cost, and allocated overhead. The allocated overhead is calculated as 8 machine hours * $60 per machine hour = $480. Therefore, the total cost is $890 (direct labor) + $1100 (direct materials) + $480 (allocated overhead) = $2470.

Iglesias,Inc What Is the Total Cost of Job 12? A) $2470

Iglesias,Inc What Is the Total Cost of Job 12?
A) $2470