Ch04_1 - CHAPTER 4 JOB COSTING 4.16 a b c d e f g h i j k(10 min Job order costing process costing l m n o p q r s t u Job costing Process costing

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CHAPTER 4 JOB COSTING 4.16 (10 min) Job order costing, process costing. a. Job costing l. Job costing b. Process costing m. Process costing c. Job costing n. Job costing d. Process costing o. Job costing e. Job costing p. Job costing f. Process costing q. Job costing g. Job costing r. Process costing h. Job costing (but some process costing) s. Job costing i. Process costing t. Process costing j. Process costing u. Job costing k. Job costing 4-18 (20 -30 min.) Job costing, normal and actual costing. 1. Budgeted indirect- cost rate = Budgeted indirect costs Budgeted direct labor-hours = hours 160,000 $8,000,000 = $50 per direct labor-hour Actual indirect- cost rate = Actual indirect costs Actual direct labor-hours = hours 164,000 $6,888,000 = $42 per direct labor-hour These rates differ because both the numerator and the denominator in the two calculations are different—one based on budgeted numbers and the other based on actual numbers. 2a.
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This note was uploaded on 02/23/2010 for the course ACCT 42312 taught by Professor Huh during the Fall '09 term at CSU San Bernardino.

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Ch04_1 - CHAPTER 4 JOB COSTING 4.16 a b c d e f g h i j k(10 min Job order costing process costing l m n o p q r s t u Job costing Process costing

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