CACC406 Spring Summer 201 nsert Page Layout Formulas Data Review View Cut Arial Copy E Wrap Text ?Merge & Center . . eFormat B 1 u.?.alal.An?{?. ?? ABC Company, a job order costing company worked on three jobs, Job 73, Job 74 and Job 75 in August Data are as follows Job 73 $ 6,760 Job 74 Direct materials Direct labor Machine hours 5,960 S S 9,600 S 9,840 8,400 $ 12,920 18,400 Overhead is applied to jobs based on Machine hours at the rate of s 16.00 On August 1, the balance of Finished Goods was as folows Job 72 Balance, August 1 By August 31, Job 73 and Job 75 were completed. Job 70 and Job 73 were so?d During August, the Sollowing expenses were incurred S 15,200 24,000 Variable marketing expenses Fiked marketing expenses Adminis tratve expenses 10% of sales revenue 3,840 The company prices its job at cost plus 30% (sales revenue). equired: Compute the balance in Work-in-Process as of August 31 a) (2 Marks) b) Compule the balance in Finished Goods as of August 31 03 Marks) month of May c) Compule the sales revenue for the month of August PMarks 01 MacBook esc ?? F2 oa FA F3 F5 F6