Cost Accounting (15th Edition)

Published by Prentice Hall
ISBN 10: 0133428702
ISBN 13: 978-0-13342-870-4

Chapter 4 - Job Costing - Assignment Material - Problems - Page 144: 4-32(4)b

Answer

Labor Contract Work for Punch, Inc.: Budgeted Hours $\times$ (Direct-Cost Rate + Indirect-Cost Rate) = 160 hours $\times$ (65 + 55) = 17,600

Work Step by Step

Labor Contract Work for Punch, Inc.: Budgeted Hours $\times$ (Direct-Cost Rate + Indirect-Cost Rate) = 160 hours $\times$ (65 + 55) = 17,600
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