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At the beginning of the month, Daniel's Business Services had two incomplete consulting engagements ( jobs ) that had the following costs assigned from previous
At the beginning of the month, Daniel's Business Services had two incomplete consulting engagements jobs that had the following
costs assigned from previous months.
During the month, Jobs DBS and DBS were completed but not billed to customers. Completion of DBS required an
additional $ in associate labor. For DBS an additional $ in assoclate labor was incurred
During the month, the only new job, DBS was started but not finished. Total direct labor costs for all jobs amounted to $ for
the month. Overhead in this company refers to the cost of work that is not directly traced to particular jobs, including supplies, copying.
printing, and travel costs to meet with clients. Overthead is applied at a rate of percent of associate labor costs. This rate has not
changed for many months. Actual overhead for the month was $
Required:
a What are the costs of Jobs DBS and DES at the beginning of the month and when completed?
b What is the cost of Job DBS at the end of the month?
c How much was under or overapplied service overhead for the month?
Complete this question by entering your answers in the tabs below.
Required A Required B
What are the costs of Jobs DeS and DBS at the beginning of the mocth and when completed?
Complete this question by entering your answers in the tabs below.
What is the cost of Job DBS at the end of the month?
The cost of Job DBS at the end of the month
b What is the cost of Job DBS at the end of the month?
c How much was under or overapplied service overhead for the month?
Complete this question by entering your answers in the tabs below.
How much was under or overapplied service overhead for the month?
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