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Dorothy's Holiday Styles has been busy in the month of November! It seems Dorothy's marketing efforts have paid off, as she has answered many calls

Dorothy's Holiday Styles has been busy in the month of November! It seems Dorothy's marketing efforts have paid off, as she has answered many calls to help decorate homes for the upcoming holidays. The company carries an inventory of decorative items in its store and then installs them in creative and fun ways . The MOH costs are fairly low, since the company has just a small space to hold the inventory. The applied MOH rate is $10 per direct labor hour As of November 30the company carries the following balances in its inventory accounts DM Inventory $6,500 WIP Inventory 8,250 FG Inventory During December , the following events occurred .1 Purchased direct materials costing $15,000 on account .2 Used $19,600 of direct materials for jobs .3 Paid direct labor wages for 130 hours of labor ($25/hr )4. Applied MOH cost to jobs. 5Actually incurred $2,400 in MOH costs. 6. Completed all jobs by the end of the month 7Billed clients $44.000 for jobs completedTotal cost of goods completed and cogs

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