Question: Superior Company uses job order costing to capture the costs of it's manufacturing jobs. Job 42 was in progress at the beginning of November and had total job costs of 8,200.
Listed below are data concerning the three jobs that incurred costs in November.
Jobs Direct Materials Direct Labor Cost Machine hours
43. $600 $5,400 72
44. $400 $6,600 88
45. $200 $3,375 45
Overhead costs are applied to jobs on the basis of machine hours, and predetermined overhead rate is $50 per machine hours. Job 43 is the only incomplete job at the end of November. Actual overhead for the month was $11,000.
Determine the cost of each job.