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Assume a company worked on four jobs during June: Jobs W, X, Y, and Z. At the end of June, the job cost sheets for
Assume a company worked on four jobs during June: Jobs W, X, Y, and Z. At the end of June, the job cost sheets for these four jobs contained the following data: Job W Job X Job Y Job Z Beginning balance $ 80 $ 120 $ 90 $ 140 Charged to the jobs during June: Direct materials $ 145 $ 80 $ 105 $ 120 Direct labor $ 90 $ 50 $ 70 $ 100 Manufacturing overhead applied $ 45 $ 25 $ 35 $ 50 Units completed 80 100 0 0 Units sold during June 40 42 0 0 Jobs W and X were completed during June. Jobs Y and Z were incomplete at the end of June. There was no finished goods inventory on June 1 and the companys total manufacturing overhead applied always equals its total actual
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