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    Rivera.M 05 Activity 2.answer

    Uploaded by

    Rivera Marianel
    The document summarizes the costs for Job #727 completed by Water Pipe Manufacturing. It took 45 direct labor hours at a rate of P70 per hour for direct labor of P3,150. With an overhead rate of P8.50 per direct labor hour and 45 hours, overhead was P382.50. Direct materials cost P3,200. The total cost of the job was P6,732.50.

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    Rivera.M 05 Activity 2.answer

    Uploaded by

    Rivera Marianel
    121 views1 page
    The document summarizes the costs for Job #727 completed by Water Pipe Manufacturing. It took 45 direct labor hours at a rate of P70 per hour for direct labor of P3,150. With an overhead rate of P8.50 per direct labor hour and 45 hours, overhead was P382.50. Direct materials cost P3,200. The total cost of the job was P6,732.50.

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    Rivera.M 05 Activity 2.Answer

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    The document summarizes the costs for Job #727 completed by Water Pipe Manufacturing. It took 45 direct labor hours at a rate of P70 per hour for direct labor of P3,150. With an overhead rate of P8.50 per direct labor hour and 45 hours, overhead was P382.50. Direct materials cost P3,200. The total cost of the job was P6,732.50.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    121 views1 page

    Rivera.M 05 Activity 2.answer

    Uploaded by

    Rivera Marianel
    The document summarizes the costs for Job #727 completed by Water Pipe Manufacturing. It took 45 direct labor hours at a rate of P70 per hour for direct labor of P3,150. With an overhead rate of P8.50 per direct labor hour and 45 hours, overhead was P382.50. Direct materials cost P3,200. The total cost of the job was P6,732.50.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    Rivera Marianel A.

    Water Pipe Manufacturing


    Water Pipe Manufacturing completes job #727 on January 10. The job used 45
    direct labor hours and 40
    machine hours. The job consumed P3,200 worth of materials. The average direct
    labor rate is P70.00 per hour
    and the company uses the predetermined overhead rate of 8.50 per direct labor
    hour.
    Provide the following: (3 items x 10 points)
    A. Direct Labor
    B. Applied Overhead
    C. Total Cost of Job #727

    DIRECT LABOR = Rate X Activity


    = 70 Per direct labor hour X 45 Direct labor hour
    = 3,150
    Applied Overhead = Predetermine overhead rate X Activity
    = 8.50 X 45 Direct labor hours
    = 382.5

    Direct Materials P3,200.00


    Direct Labor P3,150.00
    Applied Overhead P382.5
    Total = 6,732.5

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