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Job 607 was recently completed. The following data have been recorded on its job cost sheet:Direct Materials $3,405 Direct Labor Hours 50 labor hoursDirect Labor wage rate $13 per labor hourMachine Hours 158 machine hoursThe company applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $14 per machine-hour. The total cost that would be recorded on the job cost sheet for Job 607 would be:

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Answer:

Total cost= $6,267

Explanation:

Giving the following information:

Direct Materials $3,405

Direct Labor Hours 50 labor hours

Direct Labor wage rate $13 per labor hour

Machine Hours 158

The predetermined overhead rate is $14 per machine-hour.

To calculate the total cost, we need to use the following formula:

Total cost= direct material + direct labor + allocated overhead

Total cost= 3,405 + 13*50 + 14*158

Total cost= $6,267

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