Actual Cost and Normal Cost Methods
Not what you're looking for?
Information Provided
Actual Direct Materials $5,000.00
Actual Direct Labor $9,000.00
Actual Variable Overhead Costs $20,000
Actual Fixed Overhead Costs $26,000
Variable Direct Labor Predetermined Measure 200%
Fixed Direct Labor Predetermined Measure 300%
Calculate actual costs of the job.
Calculate normal costs of the job using predetermined overhead rates.
Purchase this Solution
Solution Summary
The solution explains how to calculate the actual costs and normal costs of a job.
Solution Preview
In actual costing we take the actual costs of the job. The actual costs are
Actual Direct Materials $5,000
Actual Direct Labor $9,000
Actual Variable Overhead Costs $20,000
Actual ...
Purchase this Solution
Free BrainMass Quizzes
Writing Business Plans
This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.
Basics of corporate finance
These questions will test you on your knowledge of finance.
Basic Social Media Concepts
The quiz will test your knowledge on basic social media concepts.
MS Word 2010-Tricky Features
These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.
IPOs
This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)