Question
Chapter 19 End-of-Chapter (EOC) Quiz Complete this project as a separate word or pdf file Submit as a Canvas Assignment at the course website Clearly
Chapter 19 End-of-Chapter (EOC) Quiz
Complete this project as a separate word or pdf file
Submit as a Canvas Assignment at the course website
Clearly Print Your Name and Assignment Name at the top of each page
Scottsdale Heavy Equipment Repair, Inc. offers complete refurbishment services for construction equipment, on a job order basis. The following information reflects its jobs completed in September of the current year.
Raw Materials Purchases $16,000
Factory Payroll Cost $15,400
Overhead Costs Incurred:
Indirect Materials $ 5,000
Indirect Labor $ 3,500
Other Factory Overhead $ 9,500
The Companys predetermined overhead rate is 150% of Direct Labor cost. Costs allocated to the three jobs worked on during September follow.
Job401 Job402 Job403
In-Process Balances, August 31
Direct Materials $3,600
Direct Labor 1,700
Applied Overhead 2,550
Costs During September
Direct Materials 3,550 $3,500 $1,400
Direct Labor 5,100 6,000 800
Applied Overhead ? ? ?
Status on September 30 Finished Finished In-Process
(Sold) (Unsold)
Determine the total cost of August 31 inventory of jobs in-process.
Determine the total cost of Direct Materials used during September.
Determine the total cost of Direct Labor used during September.
Determine the total cost of Factory Overhead incurred and applied during September.
Determine the total cost of each job as of September 30.
Prepare a Manufacturing Statement for September.
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