Halcyon,Inc.completed Job 10B last month.The cost details of Job 10B are shown below. $$\begin{array} { | l | r | }
\hline \text { Direct labor cost } & \$ 2,140 \
\hline \text { Direct materials cost } & \$ 80 \
\hline \text { Machine hours } & 7 \text { hours } \
\hline \text { Direct labor hours } & 71 \text { hours } \
\hline \text { Predetermined overhead allocation rate per direct labor } & \
\text { hour } & \$ 34\
\hline
\end{array}$$ Calculate the total job cost for Job 10B.

Question

Halcyon,Inc.completed Job 10B last month.The cost details of Job 10B are shown below. $$\begin{array} { | l | r | } 
\hline \text { Direct labor cost } & \$ 2,140 \
\hline \text { Direct materials cost } & \$ 80 \
\hline \text { Machine hours } & 7 \text { hours } \
\hline \text { Direct labor hours } & 71 \text { hours } \
\hline \text { Predetermined overhead allocation rate per direct labor } & \
\text { hour } & \$ 34\ 
\hline
\end{array}$$ Calculate the total job cost for Job 10B.

Quizplus · Accepted Answer

The total job cost is calculated by adding direct labor cost, direct materials cost, and allocated overhead. Overhead is calculated as 71 hours * $34/hour = $2,414. Total cost = $2,140 (labor) + $80 (materials) + $2,414 (overhead) = $4,634.

Halcyon,Inc Calculate the Total Job Cost for Job 10B