Brillant Design Company: price of Job 245?
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Brillant Design Company makes custom chairs for individual customers. On October 1, there was on job in Process, Job 243, with a cost of $1,300. Jobs 244, 245, and 246 were started during the month of October.
Data on costs added during the month are as follows:
243 244 245 246
Direct Materials 8400 2300 5550 9200
Direct Labor 3100 980 2200 5010
Overhead is applied to production at the rate of 70% of direct labor cost. Job 245 was completed on October 14 and the client was billed at cost plus 55%. All other jobs remained in process.
What is the price of Job 245?
Answer
a.$20,204.20
b.$10,627.70
c.$22,310.50
d.$18,761.20
e.$14,399.50
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Job 245 ...
Education
- BSc, University of Virginia
- MSc, University of Virginia
- PhD, Georgia State University
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