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Content X CengageNOV X Q Managerial X The following X Exam One Te X Sign In or Six + v.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Determining Manufacturing Costs Wagner Printing
Content X CengageNOV X Q Managerial X The following X Exam One Te X Sign In or Six + v.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Determining Manufacturing Costs Wagner Printing Inc. began printing operations on July 1. Jobs 7-01 and 7-02 were completed during the month, and all costs applicable to them were recorded on the related cost sheets, Jobs 7.03 and 7-04 are still in process at the end of the month, and all applicable costs except factory overhead have been recorded on the related cost sheets. In addition to the materials and labor charged directly to the Jobs, $680 of indirect materials and $2,400 of indirect labor were used during the month. The cost sheets, in summary form for the four jobs during the month are as follows: Job 7-01 Job 7-02 Direct materials 7,080 Direct materials 3,310 Direct labor 2,700 Direct labor 1,400 Factory overhead 1,485 Factory overhead 770 Total 11,265 Total 5,480 Job 7-03 Job 7-04 10,370 Direct materials 2,040 Direct materials Direct labor 3,000 400 Direct labor Factory overhead 2 Factory overhead Determine each of the following for July: a. Direct and indirect materials used: Previous Next > 4:13 AM
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