The records at Smith and Jones Company show that Job 110 is charged with $11,000 of direct materials and $12,500 of direct labor. Smith and Jones Company allocate manufacturing overhead at 85% of direct labor cost. What is the total cost of Job No. 110?

Question

Quizplus · Accepted Answer

Total Manufacturing Overhead = Direct Labor Cost * 85%
Total Manufacturing Overhead = $12,500 * 85%
Total Manufacturing Overhead = $10,625
Total Cost of Job No. 110 = Direct Materials + Direct Labor + Manufacturing Overhead
Total Cost of Job No. 110 = $11,000 + $12,500 + $10,625
Total Cost of Job No. 110 = $34,125

The Records at Smith and Jones Company Show That Job