Franklin Company
Franklin Company uses a job-order costing system.Assume that Job #309 is the only one in process.The following information is available:
| Budgeted direct labor hours | 72,000 | Budgeted machine hours | 11,000 |
| Budgeted overhead | $400,000 | Direct material | $122,750 |
| Direct labor cost | $80,000 |
Refer to Franklin Company.What is the total cost of Job #309 assuming that overhead is applied at the rate of 130% of direct labor cost (rounded to the nearest whole dollar) ?
A) $194,800
B) $274,100
C) $306,750
D) $340,075
Correct Answer:
Verified
Q139: Products at Conroy Manufacturing are sent through
Q140: Chapman Company
Chapman Company uses a job-order costing
Q141: Franklin Company
Franklin Company uses a job-order costing
Q142: Davis Company
Davis Company uses a job-order costing
Q143: Peoria Company
Peoria Company has two departments
Q145: At the end of the last
Q146: At the end of the last
Q147: Charleston Company
Charleston Company has two departments
Q148: Levine Company
Levine Company has a job-order costing
Q149: Spears Manufacturing Company
Spears Manufacturing Company produces beach
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