Business, 28.02.2021 16:20 abecobos37

Tillman Corporation uses a Job Order Costing system and has two production departments--Molding and Assembly. The company applies manufacturing overhead to production orders on the basis of direct labor costs. Separate departemental predetermined overhead rates are used. Budgeted manufacturing costs for the year are as follows: Annual Budget (Estimates) Molding Assembly Direct Materials $700,000 $100,000 Direct Labor $200,000 $800,000 Manufacturing Overhead $600,000 $400,000 If Job 432 reports $25,000 in direct materials and total direct labor of $20,000 ($8,000 in Molding and $12,000 in Assembly), what is the total cost for Job 432? A. $55,000
B. $65,000
C. $75,000
D. $50,000?

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Tillman Corporation uses a Job Order Costing system and has two production departments--Molding and...

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