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The Speedy Car Repair Shop

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The Speedy Car Repair Shop recently incurred the following costs on a clutch repair job:

Parts $245.00
Labor 6 hours @ $17.50 & 0.5 hours at $6.00

A. What is the total cost of this job?
B. What characteristics of this firm's products suggest that job-order costing is appropriate?

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Solution Summary

This solution calculates the total cost of the job for Speedy Car Repair Shop. This solution also explains the characteristics of the firm's products that suggest job-order costing is appropriate. The data given is provided below. All calculations are shown to support the answers provided.

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A. What is the total cost of this job?

Parts = 245.00
6 x 0.5 = 3
6 x 17.50 = 105

245 + 3 + 105 = $353

B. What characteristics of this ...

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