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1. A company that usesjob order costing reports the following information. Overhead is applied at the rate of 60% of direct materials. The company has
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A company that usesjob order costing reports the following information. Overhead is applied at the rate of 60% of direct materials. The company has no beginning Work in Process or Finished Goods inventories. Jobs land 3 are not finished by the end of March, and Job 2 is finished but not sold by the end of March Job 1 Job 2 Job 3 Direct material; used $ 13J669 $ 17,695 $ 6,699 Direct labor used $ 211696 $ 11,665 $ 9,696 Determine the total dollar amount of Work in Process inventory at the end of March. Multiple Choice 0 $49.960 Should $37,600 $6.360. 0000 $63,520.Step by Step Solution
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