Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

7. The missing amount for letter d is: a. $14,650 b. $31,500 c. $12,575 d. $20,500 8. The missing amount for letter b is: a.

image text in transcribed
image text in transcribed
image text in transcribed
7. The missing amount for letter d is: a. $14,650 b. $31,500 c. $12,575 d. $20,500 8. The missing amount for letter b is: a. $4,500 b. $5,250 c. $6,075 d. $1,875 9. The missing amount for letter c is: a. $7,650 b. $14,650 c. $5,250 d. $4,500 10. The missing amount for letter e is: a. $6,575 b. $2,350 c. $20,500 d. $5,650 11. The missing amount for letter a is: a. $2,625 b. $1,125 c. $750 d. $5,650 Use the following to answer questions 7-12: U S Cost of Goods Sold Raw Materials (a) BB $ 12,575 Purchase 4,500 5,250 DM EB 1,875 Work in Process Finished Goods $ 11,500 BB 2,500 BB 7,650 DM b S DL 4,250 MOH 5,925 EB $ EB 10,275 Odborg Solar Williams Company uses a job-order costing system and the following information is available from its records. The company has three jobs in process: #6, #9, and #13. Raw material used Direct labor per hour Overhead applied based on direct labor cost $120,000 $8.50 1208 Direct material was requisitioned as follows for each job respectively: 30 percent, 25 percent, and 25 percent; the balance of the requisitions was considered indirect. Direct labor hours per job are 2,500; 3.100; and 4,200; respectively. Indirect labor is $33,000. Other actual overhead costs totaled $36,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Principles

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Steinbart Romney B.

9th International Edition

0470409460, 978-0470409466

More Books

Students also viewed these Accounting questions

Question

List the five steps in the decision-making model.

Answered: 1 week ago