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A Blackboard Remaining Time: 12 minutes, 00 seconds Question Completion Status QUESTION 18 Key Corp. began operations on October 1, 2020. It employs a job-order
A Blackboard Remaining Time: 12 minutes, 00 seconds Question Completion Status QUESTION 18 Key Corp. began operations on October 1, 2020. It employs a job-order costing system. Overhead is charged at a normal predetermined rate of $2.70 per direct labor hour. The actual operations for the month of October are summarized as follows a Purchases of direct material $50,000 b. Material and labor costs charged to production: Total DL Job No. Units Total DM Total DLS hours 101 10,000 $4,000 $6,000 3.000 102 8.800 3,600 5,400 2,700 103 16.000 7,000 9.000 4,500 104 8.000 3.200 4,800 3.000 Total 42.800 17.500 25.200 13.800 c. Actual overhead costs incurred: variable $22.500 Fixed $15,000 d. Completed Jobs 101, 102 and 103 e. Sold Jobs 102 and 103 Compute: 1. Ending work in process inventory on October 31, 2000 2. Ending finished goods inventory on October 31, 2020 3. Uradjusted cost of goods sold in October TTTT Paragraph Aral : 3112 - 13. T.... X00Q TT. Click Save and submit to see and Click Save All Awo so alla Save Al Answers Close MacBook Pro 80 288 1 96 7 1 2 S 4 T 3 5 0 6 7 7 V 8 9 A. W E R . (o T Y U OL P " E S D F G J K L J 'C C
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