Chapter 2 HW 2-1 94000 + (2 X 20000) = $134000 134000 / 20000= $6.70 2-2 10,800hours×$23.40= $252,720 2-3 Part 1: 231+153+ (9 x $14) =$510 Part 2: 510/40= $12.75 2-4 1.) 365+$220+$168=$753 2.) 753/10=$75.30 2-7 1.)184,000/(345,000 / 15)=$8 per direct labor hour 2.)Direct Materials: 1533500-817500-436000= 280000 Direct Labor: 54500 x 15= 817500 Manufacturing overhead applied: 54500 x 8= 436000 Total Job cost: 1533500 2-8 $10,000+$12,000+$12,000×125%=$37,000 2-15
1 A.)Overhead Rate= $20 B.)D70 Manufacturing Cost: 1460000C200 Manufacturing Cost: 1550000 C.)D70 Bid Price: 2190000C200 Bid Price: 2325000 D.) Costs of goods sold: 3010000
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