ACC $202$: Managerial Accounting $(4244\_19$Z$2)$

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pter $2$ Homework

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Justom Cabinetry has one job in process $($Job $120)$ as of June $30$; at that time, its job cost sheet reports direct materials of $$7,300,$ direct labor of $$4,300,$ and applied overhead of $$3,655.$ Custom Cabinetry applies overhead at the rate of $85\%$ of direct labor cost. During July, Job $120$ is sold $($on credit$)$ for $$25,500,$ Job $121$ is started and completed, and Job $122$ is started and still in process at the end of July. Custom Cabinetry incurs the following costs during July.

$\backslash$table$[[,$Job $120,$Job $121,$Job $122],[$Direct materials used,$$1,200,$$$8,800,$$$3,900$