Iglesias Company completed Job 12 on 30 November.The details of Job 12 are given below:
$$\begin{array} { | l | l | }
\hline \text { Direct labour cost } & \$ 910 \
\hline \text { Direct materials cost } & \$ 1140 \
\hline \text { Machine hours } & 10 \
\hline \text { Direct labour hours } & 29 \
\hline \text { Predetermined overhead allocation rate } & \$ 93 \text { per machine hour } \
\hline
\end{array}$$
What is the total cost of Job 12?

Question

Iglesias Company completed Job 12 on 30 November.The details of Job 12 are given below:
$$\begin{array} { | l | l | } 
\hline \text { Direct labour cost } & \$ 910 \
\hline \text { Direct materials cost } & \$ 1140 \
\hline \text { Machine hours } & 10 \
\hline \text { Direct labour hours } & 29 \
\hline \text { Predetermined overhead allocation rate } & \$ 93 \text { per machine hour } \
\hline
\end{array}$$
What is the total cost of Job 12?

Quizplus · Accepted Answer

Based on the details provided, the total cost of Job 12 is calculated as follows:

Direct materials = $1500
Direct labor = $700
Factory overhead = $780

Total cost = Direct materials + Direct labor + Factory overhead
Total cost = $1500 + $700 + $780
Total cost = $2980

Therefore, the best choice is option C, which matches the calculated total cost of Job 12.

Iglesias Company Completed Job 12 on 30 November What Is the Total Cost of Job 12? A) $2050

Iglesias Company Completed Job 12 on 30 November What Is the Total Cost of Job 12?
A) $2050