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Hv7ku Company uses a job-order costing system and applies overhead costs to jobs using a pre-determined overhead rate of $7.30 per direct labor hour. Hv7ku
Hv7ku Company uses a job-order costing system and applies overhead costs to jobs using a pre-determined overhead rate of $7.30 per direct labor hour. Hv7ku Company began work on four jobs during June. Information related to the four jobs appears below: ....... Job B-7a $4,394 $3,840 320 hours 700 units direct materials used .. direct labor cost direct labor hours used units in the job Job F-8n $2,254 $3,240 270 hours 500 units ... ... direct materials used direct labor cost ... direct labor hours used units in the job.. Job J-99 $6,341 $5,160 430 hours 800 units Job Y-6c $3,402 $4,320 360 hours 600 units By the end of June, Jobs B-7a, J-99, and Y-6c were completed while Job F-8n was not completed. During June, Hvku Company sold all of the units from Job Y-6c and sold 390 of the units from Job J-99. None of the units from Job B-7a were sold during June. Assume Hv7ku Company had no inventories of any type at June 1. Calculate Hv7ku Company's finished goods inventory balance at June 30
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