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Gray Industries uses Job Order Costing. During the month of January the following costs were attributed to jobs started and completed. Direct Labor is paid
Gray Industries uses Job Order Costing. During the month of January the following costs were attributed to jobs started and completed. Direct Labor is paid at the rate of $18 per hour. Factory Overhead is applied at $75 per direct labor hour. What is the total cost of jobs finished during the month? Direct Direct Job Labor Materials HOURS 101 $8500 40 hours 102 $7200 36 hours 103 $5500 25 hours 104 $10000 50 hours
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