Answered step by step
Verified Expert Solution
Link Copied!

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

image text in transcribed
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

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Management for Public Health and Not for Profit Organizations

Authors: Steven A. Finkler, Thad Calabrese

4th edition

978-0132805667

Students also viewed these Accounting questions