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Direct materials Job # 1000 $450 1003 $900 1006 $250 Direct labor Job # 1000 $950 1003 $600 1006 $100 Overhead is applied to jobs
Direct materials Job # 1000 $450 1003 $900 1006 $250 Direct labor Job # 1000 $950 1003 $600 1006 $100 Overhead is applied to jobs at $2.00 per $1 of direct labor cost. What are the costs assigned to job #1000 for the month of September? b) $1,900 c) $1,400 O d) $2,850 a) $3,300 Paper Street Soap Company had the following balances at the beginning of September Work in process - $18,000 Finished goods - $24,000 At the end of September, the balances were: Work in process - $14,000 Finished goods - $17,000 During the month Paper Street incurred the following costs: Direct materials - $125,000 Direct labor - $160,000 Manufacturing overhead applied - $250,000 What is the cost of goods sold for September? b) $539,000 c) $553,000 d) $563,000 a) $546,000 O
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