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The Alliance For Global Education Operations And Supply Chain Management Assignment Help - Machine-hours

Question - Smithson Company uses a job-order costing system and has two manufacturing departments"Molding and Fabrication. The company provided the following estimates at the beginning of the year: Molding Fabrication Total Machine-hours 25,000 35,000 60,000 Fixed manufacturing overhead costs $ 710,000 $ 270,000 $ 980,000 Variable manufacturing overhead per machine-hour $ 5.00 $ 5.00 During the year, the company had no beginning or ending inventories and it started, completed, and sold only two jobs"Job D-75 and Job C-100. It provided the following information related to those two jobs: Job D-75: Molding Fabrication Total Direct materials cost $ 375,000 $ 324,000 $ 699,000 Direct labor cost $ 220,000 $ 180,000 $ 400,000 Machine-hours ...Read More

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