ACCT 505 help A Guide to career/uophelp.com ACCT 505 help A Guide to career/uophelp.com | Page 54

v. Coal mining company
vi. Specialty coffee roaster (roasts small batches of specialty coffee
beans)
For each company, indicate whether the company is most likely to use
job-order costing or process costing.
i. Brick manufacturer Process Costing ii. Contract printer that produces
posters, books, and pamphlets to order Job Order Costing iii. Natural gas
production company Process Costing iv. Dairy farm Process Costing v.
Coal mining company Process Costing vi. Specialty coffee roaster
(roasts small batches of specialty coffee beans) Job Order Costing
2.Question :(TCO F) Job 484 was recently completed. The following
data have been recorded on its job cost sheet:
Direct materials
$57,240
Direct labor hours
1,692 DLHs
Direct labor wage rate
$12 per DLHS
Number of units completed
3,600 units
The company applies manufacturing overhead on the basis of direct
labor-hours. The predetermined overhead rate is $24 per direct labor-
hour.
Compute the unit product cost that would appear on the job cost sheet
for this job.
3.Question :(TCO F) Miller Company manufactures a product for which
materials are added at the beginning of the manufacturing process. A
review of the company's inventory and cost records for the most recently
completed year revealed the following information:
Units
Materials
Conversion