Answered step by step
Verified Expert Solution
Question
...
1 Approved Answer
Barefoot Running Company's work in process invertory on June 1 has a balance of $22.600 representing Job No 265. During June, 550,000 of direct materials
Barefoot Running Company's work in process invertory on June 1 has a balance of $22.600 representing Job No 265. During June, 550,000 of direct materials were requisitioned for Job Ns 25 and 535,300 of Grect labor cost was incurred on Job No. 266. Manufacturing ovetead is allocated at 180% of direct labor cost. Actual manufacturing overhead costs incured in June amounted to $42,000. No new jobs were started during June Job No 265 is completed on June 28 What is the total cost signed to Job No. 2857 OA $154,400 OB $150,000 OC. $14.000 OD 145.00
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started