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Beckner Inc. is a job-order manufacturer. The company uses a predetermined overhead rate based on direct labor hours to apply overhead to individual jobs. For
Beckner Inc. is a job-order manufacturer. The company uses a predetermined overhead rate based on direct labor hours to apply overhead to individual jobs. For the current year, estimated direct labor hours are 135,000 and estimated factory overhead is $823,500. The following information is for September. Job X was completed during September, while Job Y was started but not finished. $ 24,200 53,600 105,800 $159,000 $ 74,200 68,200 September 1, inventories: Materials Work-in-process (All Job x) Finished goods Materials purchases Direct materials requisitioned: Job X Job Y Direct labor hours: Job X Job Y Labor costs incurred: Direct labor ($6.2e per hour) Indirect lobor Factory supervisory salaries Rental costs: Factory Administrative offices Tatal mint Honoration rate 7,200 5,700 $ 79,980 24,400 11,300 $9,500 3,400 The total ending work-in-process for September is: Multiple Choice $162,998. 0 $103,540. $68,200
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