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2. The Samuelson Company uses a job-order costing system. The following data were recorded for June: Added During June Work in Process Direct Direct Job
2. The Samuelson Company uses a job-order costing system. The following data were recorded for June: Added During June Work in Process Direct Direct Job Number Inventory, June 1 Materials Labour 475 $1,000 $ 400 $ 200 476 $ 900 $ 600 $ 800 477 $ 800 $ 900 $1,400 478 $ 600 $1,000 $1,900 Overhead is charged to production at 70% of the direct materials cost. Jobs 475, 477, and 478 have been completed. Jobs 475 and 478 have been delivered to the customer. (5 marks) What was Samuelson's Work in Process inventory balance on June 30? Show all costs of the job(s) in ending WIP. Were there any jobs left in Samuelson's Finished Goods Inventory balance on June 30? If yes, which job(s) number
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