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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
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 $ 21,000 3062 $17,000 $ 11,500 300 3 $6,000 $3,000 Determine the total dollar amount of Finished Goods Inventory at the end of March Mu Choc O $64.500 $50,000 $40.200 $102.340 $6.200
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