Angry Birds, Inc. designs and builds retaining walls for individual customers. On August 1, 2 jobs were in process: Level 1 with a beginnin were started. Levels 1 and 2 were sold at cost plus 30 % during August. All other jobs remained in process at month end. The company applies manufacturing overhead at a rate of $9 per direct labor hour. Direct labor wages average $10 per hour. The following Level 1 Level 2 Level 3 Level 4 Direct Materials $1,200 $8,000 $2,100 $3,000 Direct Labor $1,800 $4,800 $360 $1,200 The sales staff is paid a 2 % commission on all sales for the period. Calculate the following given actual MOH of $8,200 incurred during Augu The gross profit reported on the Income Statement for August equals $(enter commas where appropriate and round to nearest dollar i.e. The ending work in process balance reported on the Balance Sheet for August equals $ (enter commas where appropriate and round to Enter your answer in each of the answer boxes. rs. On August 1, 2 jobs were in process: Level 1 with a beginning balance of $12,000 and Level 2 with a beginning balance of $8,600. During August, Level 3 and Level 4 ll other jobs remained in process at month end. abor hour. Direct labor wages average $10 per hour. The following additional cost information is available for August ulate the following given actual MOH of $8,200 incurred during August, (enter commas where appropriate and round to nearest dollar ie. 1,000 not 1000.2) August equals S (enter commas where appropriate and round to nearest dollar i.e. 1,000 not 1000.2) MacBook Pro Angry Birds, Inc. designs and builds retaining walls for individual customers. On August 1, 2 jobs were in were started. Levels 1 and 2 were sold at cost plus 30 % during August. All other jobs remained in process The company applies manufacturing overhead at a rate of $9 per direct labor hour. Direct labor wages ave Level 1 Level 2 Level 3 Level 4 Direct Materials $1,200 $8,000 $2,100 $3,000 Direct Labor $1,800 $1,200 $4,800 $360 The sales staff is paid a 2% commission on all sales for the period. Calculate the following given actual MOH The gross profit reported on the Income Statement for August equals $(enter commas where appropriat The ending work in process balance reported on the Balance Sheet for August equals $(enter commas Enter your answer in each of the answer boxes. Mac esc F1 F2 jobs were in process: Level 1 with a beginning balance of $12,000 and Level 2 with a beginning b med in process at month end. bor wages average $10 per hour. The following additional cost information is available for August: given actual MOH of $8,200 incurred during August s where appropriate and round to nearest dollar i.e. 1,000 not 1000.2) (enter commas where appropriate and round to nearest dollar i.e. 1,000 not 1000.2) MacBook Pro ng balance of $12,000 and Level 2 with a beginning balance of $8,600. During August, Level 3 and Level 4 ng additional cost information is available for August: August. ar i.e. 1,000 not 1000.2) nd to nearest dollar i.e. 1,000 not 1000.2) DII DD F8 F9 E10
