Jasper Company uses a job costing system. Overhead is allocated based on 120 per cent of direct labour cost. Last month’s transactions in the work in process account are shown here:

Only one job, number 850, was still in process at the end of the month. Job 850 was charged with $9000 in overhead for the month.

Required

(a) What is the ending balance in the WIP account?

(b) How much direct labour cost was used for job 850?

(c) What is the amount of direct materials used for job 850?

Transcribed Image Text:

Work in process $ 48 000 160 000 Beginning balance Direct materials To finished goods $442 000 Direct labour 120 000 Factory overhead 150 000