Solved

Taylor Company Manufactures Guitars and Uses a Job Order Costing

Question 72

Essay

Taylor Company manufactures guitars and uses a job order costing system with a predetermined overhead rate of 110 percent per direct labor dollar.
On September 11,20xx,Those Guys ordered 200 beginner guitars which were completed on October 13,20xx.The Job Order number is 1031.Complete the job order cost card based on the following information:
 September  October  Direct materials $1,800$1,950 Direct labor dollars $1,500$1,800 Direct labor hours 100120 Machine hours 2030\begin{array} { l r r } & \text { September } & \text { October } \\\text { Direct materials } & \$ 1,800 & \$ 1,950 \\\text { Direct labor dollars } & \$ 1,500 & \$ 1,800 \\\text { Direct labor hours } & 100 & 120 \\\text { Machine hours } & 20 & 30\end{array}  Taylor Company manufactures guitars and uses a job order costing system with a predetermined overhead rate of 110 percent per direct labor dollar. On September 11,20xx,Those Guys ordered 200 beginner guitars which were completed on October 13,20xx.The Job Order number is 1031.Complete the job order cost card based on the following information:   \begin{array} { l r r }  & \text { September } & \text { October } \\ \text { Direct materials } & \$ 1,800 & \$ 1,950 \\ \text { Direct labor dollars } & \$ 1,500 & \$ 1,800 \\ \text { Direct labor hours } & 100 & 120 \\ \text { Machine hours } & 20 & 30 \end{array}

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents