Thunderbird uses a job order cost system and applies factory overhead to production orders on the basis of direct labor costs. The overhead rates for ‘19×9 are 200 percent for Department A and 50 percent for Department B. Job 123, started and completed during 19×9, was charged with the following costs:
|
Department |
||
|
A |
B |
|
|
Direct materials |
$25,000 |
$ 5,000 |
|
Direct labor |
? |
30,000 |
|
Factory overhead |
40,000 |
? |
Determine the total manufacturing costs assigned to Job 123.