Question
Gorman Company builds internal conveyor equipment to client specifications. On October 1, Job 877 was in process with a cost of $18,710 to date. During
Gorman Company builds internal conveyor equipment to client specifications. On October 1, Job 877 was in process with a cost of $18,710 to date.
During October, Jobs 878, 879, and 880 were started. Data on costs added during October for all jobs are as follows:
Job 877 | Job 878 | Job 879 | Job 880 | |
Direct materials | $14,380 | $5,960 | $3,550 | $1,790 |
Direct labor | 14,600 | 8,200 | 1,700 | 1,900 |
. Calculate the balance in Work in Process on October 31.
The balance in Work in Process for Job 878 is .
The balance in Work in Process for Job 879 is .
The balance in Work in Process for Job 880 is .
The total balance in Work in Process is .
4. What is the price of Job 877?
The price of Job 877 is .
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