Iglesias Company completed Job 12 on November 30. The details of Job 12 are given below: $$\begin{array} { | l | r | }
\hline \text { Direct labor cost } & \$ 840 \
\hline \text { Direct materials cost } & \$ 1,100 \
\hline \text { Machine hours } & 7\
\hline \text { Direct labor hours } &22 \
\hline \text { Predetermined overhead allocation rate } &\$ 90 \text { per machine hour } \
\hline
\end{array}$$ What is the total cost of Job 12?

Question

Iglesias Company completed Job 12 on November 30. The details of Job 12 are given below: $$\begin{array} { | l | r | } 
\hline \text { Direct labor cost } & \$ 840 \
\hline \text { Direct materials cost } & \$ 1,100 \
\hline \text { Machine hours } & 7\
\hline \text { Direct labor hours } &22 \
\hline \text { Predetermined overhead allocation rate } &\$ 90 \text { per machine hour } \
\hline
\end{array}$$ 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. Overhead is calculated as machine hours multiplied by the predetermined overhead rate: $7 \times \$90 = \$630$. Total cost: $ \$840 + \$1,100 + \$630 = \$2,570$.

Iglesias Company Completed Job 12 on November 30 What Is the Total Cost of Job 12? A) $2,570

Iglesias Company Completed Job 12 on November 30 What Is the Total Cost of Job 12?
A) $2,570