Webb Company. Webb Company uses a job-order costing system and the following information is available from its records.The company has three jobs in process: #6,#9,and #13.
Direct material was requisitioned as follows for each job respectively: 30 percent,25 percent,and 25 percent; the balance of the requisitions was considered indirect.Direct labor hours per job are 2,500; 3,100; and 4,200; respectively.Indirect labor is $33,000.Other actual overhead costs totaled $36,000.
Refer to Webb Company.Assume the balance in Work in Process Inventory was $18,500 on June 1 and $25,297 on June 30.The balance on June 30 represents one job that contains direct material of $11,250.How many direct labor hours have been worked on this job (rounded to the nearest hour) ?
A) 751
B) 1,324
C) 1,653
D) 2,976
Correct Answer:
Verified
Q127: Greek Products Company The following information pertains
Q128: Webb Company. Webb Company uses a job-order
Q129: Products at Krause Manufacturing are sent through
Q130: Sunbeam Corporation manufactures products on a job-order
Q131: Peale Company. Peale Company uses a job-order
Q133: Peale Company. Peale Company uses a job-order
Q134: Briggs Company Briggs Company uses a job-order
Q135: Bolles Corporation manufactures products on a job-order
Q136: Peale Company. Peale Company uses a job-order
Q137: Webb Company. Webb Company uses a job-order
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents