Ch 4. Homework courses/35856/assignments/3758761 Mon Feb 17, 2020, 2:04:59 PM America/New York-05:00) Question 3 View Policies Show Attempt History Current Attempt in Progress Sunland Fabricators produces protective covers for smart phones. Since the covers must be customized to each smart phone model, Sunland uses a job order costing system. On September 1, the company reported the following inventory balances: Direct Materials $27.700 Work in Process $152,000 Finished Goods $256,000 During September, the following events occurred: 1 Sunland purchased direct materials costing $3.057.000 on account 2. Sunland used $428,000 in direct materials in production 3 Sunland's employees clocked 20.000 direct labor hours at an average wage 4. The company incurred $180,000 in manufacturing overhead, including $20,000 in indirect labor costs 5. Using direct labor hours as the application base, the company applied $167.000 of manufacturing overhead to jobs worked on in September 6. The company completed production on jobs costing $853.000. 7. The company delivered jobs costing $1,082,000 to customers Calculate the ending September balance of the Direct Materials. Work in Process and Finished Goods Inventory accounts. Direct Materials Work in Process Finished Goods Ending September Balance $ 2656700 S 103800 $ 27000 eTextbook and Media X Your answer is incorrect Calculate total manufacturing costs for September Total manufacturing costs $ 3244000 eTextbook and Media Attempts: 6 of 12 us Ch 4. Homework courses/35856/assignments/3758761 Mon Feb 17, 2020, 2:04:59 PM America/New York-05:00) Question 3 View Policies Show Attempt History Current Attempt in Progress Sunland Fabricators produces protective covers for smart phones. Since the covers must be customized to each smart phone model, Sunland uses a job order costing system. On September 1, the company reported the following inventory balances: Direct Materials $27.700 Work in Process $152,000 Finished Goods $256,000 During September, the following events occurred: 1 Sunland purchased direct materials costing $3.057.000 on account 2. Sunland used $428,000 in direct materials in production 3 Sunland's employees clocked 20.000 direct labor hours at an average wage 4. The company incurred $180,000 in manufacturing overhead, including $20,000 in indirect labor costs 5. Using direct labor hours as the application base, the company applied $167.000 of manufacturing overhead to jobs worked on in September 6. The company completed production on jobs costing $853.000. 7. The company delivered jobs costing $1,082,000 to customers Calculate the ending September balance of the Direct Materials. Work in Process and Finished Goods Inventory accounts. Direct Materials Work in Process Finished Goods Ending September Balance $ 2656700 S 103800 $ 27000 eTextbook and Media X Your answer is incorrect Calculate total manufacturing costs for September Total manufacturing costs $ 3244000 eTextbook and Media Attempts: 6 of 12 us
