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Brief Exercise 4-26 Prepare Job-Order Cost Sheets, Predetermined Overhead Rate, Ending Balance of WIP, Finished Goods, and COGS At the beginning of June, Rhone Company
Brief Exercise 4-26 Prepare Job-Order Cost Sheets, Predetermined Overhead Rate, Ending Balance of WIP, Finished Goods, and COGS At the beginning of June, Rhone Company had two jobs in process, Job 44 and Job 45, with the following accumulated cost information: OBJECTI Example4 Job 44 Job 45 $1,500 3,000 1,950 $7.080 $6450 Direct materials Direct labor Applied overhead Balance, June 1 $5,100 1,200 780 During June, two more jobs (46 and 47) were started. The following direct materials and direct labor costs were added to the four jobs during the month of June: Job 44 Job45 Job 46 Job 47 S2.500 $7,110 $1,800 $1,700 560 Direct materials Direct labor 800 6.400 900 Continued)
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