Answer: Total cost of job S353 is $7,200
Explanation:
Materials required = 8 tons
Cost per ton of material =$600 per ton
DM = Total Direct Materials cost = 8 tons x $600 per ton = $4,800
Direct labor per hour rate = $21 per hour
Total number of hours required to complete the job = 80 hours
DL = Total direct labor cost = $21 per hour x 80 hours = $1,680
Overhead rate = $9 per direct labor hour
direct labor hours = 80 hours
OH = Overhead costs = 80 hours x $9 per direct labor hour =$720
Total Cost = OH + DL + DM = $4,800 + $1,680 + $720 = $7,200
