Swifty Company manufactures custom-order furniture. During 2020, actual manufacturing overhead totaled $722000. Based on the 2020 results, and projected production for 2021, management prepared the 2021 budget and estimated that manufacturing overhead would total $589200. The estimated number of direct labor hours for 2021 is 49100, and the estimated amount of direct labor cost is $1050000. The company plans to use direct labor hours as the basis to allocate overhead to jobs. During May and June 2021, employees worked on the following four jobs:
|
Monthly data |
Job X43 |
Job X87 |
Job Z22 |
Job A33 |
||||
|---|---|---|---|---|---|---|---|---|
|
May |
||||||||
|
Direct materials |
$86300 | $71400 | $44700 | $38400 | ||||
|
Direct labor cost |
$101800 | $91200 | $78300 | $52500 | ||||
|
Direct labor hours |
5030 | 4560 | 3930 | 2700 | ||||
|
June |
||||||||
|
Direct materials |
$24400 | $40400 | $34600 | $23700 | ||||
|
Direct labor cost |
$27800 | $53000 | $62900 | $32200 | ||||
|
Direct labor hours |
1600 | 2700 | 3100 | 1700 |
Job X87 was started in May and delivered to the customer in late June. What is the cost of Job X87?
$Unresolved
$240300
$363520
$256000
