Griffin Manufacturing uses job order costing to measure and track the costs incurred for specific jobs. While most of the jobs do require some machine time, Griffin applies overhead using direct labor costs as the allocation base. Griffin estimates total manufacturing overhead costs of $48,000 and a total of $240,000 in direct labor costs for the year. During the month of August, the following data were available for Job #45: Actual manufacturing overhead costs for Griffin Manufacturing were $3,500 in August. The selling price for Job #45 was $5,000. Assume 100 units. Required A. Determine the total manufacturing cost of Job #45. B. Determine the gross margin for Job #45Show transcribed image text Griffin Manufacturing uses job order costing to measure and track the costs incurred for specific jobs. While most of the jobs do require some machine time, Griffin applies overhead using direct labor costs as the allocation base. Griffin estimates total manufacturing overhead costs of $48,000 and a total of $240,000 in direct labor costs for the year. During the month of August, the following data were available for Job #45: Actual manufacturing overhead costs for Griffin Manufacturing were $3,500 in August. The selling price for Job #45 was $5,000. Assume 100 units. Required A. Determine the total manufacturing cost of Job #45. B. Determine the gross margin for Job #45
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