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Capri Boat Corporation uses a job order cost system and applies overhead based on a percentage of direct labor cost. Cost flows through the work
Capri Boat Corporation uses a job order cost system and applies overhead based on a percentage of direct labor cost. Cost flows through the work in Process Inventory account during March are given below: Credit 258, 200 Beginning Balance Direct Materials Direct Labor Overhead Ending Balance Work in Process Debit 0 Transferred Out 61,000 104,000 187,200 94,000 Only Job #007 was still in process at the end of March and this job had been charged with $52,000 in direct materials cost. The amount of direct materials cost charged to completed jobs during March was
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