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Gnches commenced work on there jobs during its first year of operations. Costs incurred for each of these jobs are as follows Direct Meterials
Gnches commenced work on there jobs during its first year of operations. Costs incurred for each of these jobs are as follows Direct Meterials Direct Laur $150,000 $250,000 Job 2 $350,000 $250,000 306 3 $200,000 $250,000 Overhead is aged to gos at a rate of $0.80 per direct labour dollar spent During the year, Job 1 was completed while Job 2 was completed and sold. Job 3 is still process at the end of the year GHrs Ending Work in Process at the end of the year wa Murple Choke 0 O 0000 LOOD
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