00:01
Hello students, here is a question.
00:02
A company uses a job order costing system with a pre -dominated overhead rate based on a machine hours.
00:09
The total machine hours are 64 ,000 hours.
00:13
The variable manufacturing overhead per machine is $6 and the estimated total fixed manufacturing overhead cost is $704 ,000.
00:22
The additional information for a job order that is jocs is summarized as follow.
00:27
So that is description number, the unit of total machinery hours of direct material, direct labor cost is 20 and 80.
00:34
It is 81 ,400 and 82 ,800.
00:37
The company markup sets unit production cost by 25%.
00:41
What to be provide for this information? so this is our question.
00:45
Let us start solving this.
00:48
Compute selling price.
00:49
So we need to compute the selling price, computation of selling price, units of job that is jocs...