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2. Please provide detailed process, thank you! Q9 Blast Company is a manufacturer that uses job-order costing. Blast applies factory overhead using direct labor dollars
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Q9 Blast Company is a manufacturer that uses job-order costing. Blast applies factory overhead using direct labor dollars as the cost driver and disposes of any over/under applied overhead using the method covered in class. Blast purchases 100\% of its Raw Materials on account from vendor, Jinx Company and provides you the following information about its factory operations: For the twelve months ended 12/31/20X2: Consider that Blast reported Sales Revenue for the twelve months ended 12/31/20X2 of $2,100,000. At the end of 20X2, Blast had only a single factory job still in process, Job \#2314, which was also started in 20X2. Job \#2314's cost record shows $30,000 of direct materials requisitioned and $48,000 of direct labor. How much cash was paid in 20X2 for the purchase of Raw Materials? A.$189,000B.$198,000C.$200,000D.$202,000E.Noneoftheanswersprovidedarecorrect. What was the company's cost of goods manufactured for the twelve months ended 12/31/20X2Step by Step Solution
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