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A company that uses job order costing reports the following information for March Overhead is applied at the rate of 60% of direct materials cost.
A company that uses job order costing reports the following information for March Overhead is applied at the rate of 60% of direct materials cost. The company has no beginning Work in Processor Prashed Goods into March 1 Jobs 1 and 3 are not finished by the end of March, and Job 2 is finished but not sold by the end of March Direct materials used Direct labor used Job 1 $13,000 3062 $17,000 Job 3 $6,000 $ 21,000 $ 11,500 $3,000 Determine the total dollar amount of Finished Goods Inventory at the end of March Mu Choice O $64.560 $50.600 $40.300 $102.360 $0.200
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