The Job Cost Sheet for Job Number 83-421 Includes the Following

question 73

Essay

The job cost sheet for Job number 83-421 includes the following information:
DIRECT MATERIALS:
7/12 Requisition R88-566: 20 units @ $3.50 per unit
7/13 Requisition R88-576: 18 units @ $5.00 per unit
7/13 Requisition R88-578: 4 units @ $25.00 per unit
7/14 Requisition R88-591: 40 units @ $1.25 per unit
DIRECT LABOR:
7/12 Employee 19: 8 hours @ $9.00 per hour
7/13 Employee 19: 6 hours @ $9.00 per hour
7/13 Employee 37: 6 hours @ $7.00 per hour
7/14 Employee 19: 5 hours @ $9.00 per hour
7/14 Employee 92: 5 hours @ $11.00 per hour
FACTORY OVERHEAD: Assigned at 150% of direct labor cost.
What is the total cost of Job number 83-421?

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Definitions:

Insurance Policy

An insurance policy is a contract between an individual or entity and an insurance company, outlining coverage terms and conditions for specific risks.

Illegal Contract

An agreement that is void and unenforceable because it involves activities that are against the law.

Civil Litigation

The process of one party’s suing another in a private action, conducted in a trial court.

Consensus

General agreement or collective opinion among a group of people.