20. The target cost for a job using job costing is calculated as A. direct costs+ desired profit B. direct costs-desired profit C. expected selling price-direct costs D. expected selling price - desired profit E. expected selling price+desired profit 21. Job A3B was ordered by a customer on September 25. During the month of September, Jaycee direct materials and used $4,000 of direct labor. The job was not Corporation requisitioned $2.500 of finished by the end of the month, but needed an additional $3,000 of direct materials and additional direct labor of $6,500 to finish the job in October. The month at a rate of 200% of the direct labor cost incurred. What is the balance in the work in Process account at the end of September relative to Job A3B? A. $5,500 company applies overhead at the end of each B. $11,500 C. $6,500 D. $9,500 E. $14,500 22. The Work in Process Inventory account of a manufacturing company that uses an overhead rate based on direct labor cost has a $4,400 debit balance after all posting is completed. The cost sheet of the one job still in process shows direct material cost of $2,000 and direct labor cost of $800. Therefore, the company's overhead application rate is: A. 40%. B. 50%. C. 80%. D. 200%. E. 220%. pg 6