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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 Process or Finished Goods inventorles at 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. Determine the total dollar amount of Finished Goods inventory at the end of March. Determine the total dollar amount of Finished Goods inventory at the end of March. Mutiple Choice $79.520 $31,960. 57,560. $39,160. $47,920
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