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Hill Company uses job-order costing. At the end of the month, the following data was gathered: Job # Total Cost Complete? Sold? 803 $611 yes
Hill Company uses job-order costing. At the end of the month, the following data was gathered:
Job # | Total Cost | Complete? | Sold? | |
803 | $611 | yes | yes | |
804 | 423 | yes | no | |
805 | 805 | no | no | |
806 | 682 | yes | yes | |
807 | 525 | yes | no | |
808 | 250 | no | no | |
809 | 440 | yes | yes | |
810 | 773 | yes | no | |
811 | 267 | no | no | |
812 | 341 | no | no |
Hill's selling price is cost plus 50% for each of its products. What is the total in Finished Goods?
a.$1,860
b.$1,721
c.$2,163
d.$1,700
e.$2,230
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