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(1) Materlals and supplies were requisitioned from the stores clerk as follows: Job 405, materlal X,$9,000. Job 406, materlal X,$5,000; materlal Y, $8,000. Job 407,
(1) Materlals and supplies were requisitioned from the stores clerk as follows: Job 405, materlal X,$9,000. Job 406, materlal X,$5,000; materlal Y, $8,000. Job 407, materlal X,$9,000; materlal Y,$5,200. For general factory use: materlals A, B, and C, $4,300. (2) Time tickets for the month were chargeable as follows: (3) Other Information: Factory paychecks for $38,700 were issued during the month. Varlous factory overhead charges of $21,400 were Incurred on account. Depreclation of factory equipment for the month was $7,400. Factory overhead was applied to jobs at the rate of $5.20 per direct labor hour. Job orders completed during the month: Job 405 and Job 406. Selling and administrative costs were $4,100. Factory overhead is closed out only at the end of the year. The end of the month Work-In-Process Inventory balance would be: Multiple Choice $44,480. $114,580. $37,440. $70,100
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