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Applying Overhead to Jobs, Costing Jobs Jagjit Company designs and builds retaining walls for individual customers. On August 1 , there were two jobs in

Applying Overhead to Jobs, Costing Jobs
Jagjit Company designs and builds retaining walls for individual customers. On August 1, there were two jobs in process: Job 93 with a beginning balance of $8,750 and Job 94 with a beginning balance of $7,250. Jagjit applies overhead at the rate of $9 per direct labor hour. Direct labor wages average $19 per hour. Data on August costs for all jobs are as follows:
\table[[,Job 93,Job 94,Job 95,Job 96],[Direct materials,$1,000,$4,560,$3,340,$1,290
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