Copy Center Pays an Average Wage of $12 Per Hour

question 94

Multiple Choice

Copy Center pays an average wage of $12 per hour to employees for printing and copying jobs,and allocates $18 of overhead for each employee hour worked.Direct materials are assigned to each job according to actual cost.If Job M-47 used $350 of direct materials and took 20 direct labor hours of labor to complete,what is the total cost that should be assigned to the job?

• A)$590
• B)$600
• C)$380
• D)$950
• E)$710

---

Definitions:

JIT

Just-In-Time, an inventory management methodology aimed at reducing waste and improving efficiency by receiving goods only as they are needed in the production process.

Inventory Accounts

Accounts used to track the value of a company's stored resources that are intended for sale.

Production Cost Report

A detailed report that provides information about the total cost and output of a production department or process for a given period.

Business Organization

A structured entity formed for the purpose of conducting commercial, industrial, or professional activities.