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I just dont know how to get the balance of work. Don Lieberman and Associates, a CPA firm, uses job order costing to capture the
I just dont know how to get the balance of work.
Don Lieberman and Associates, a CPA firm, uses job order costing to capture the costs of its audit jobs. There were no audit jobs in process at the beginning of November Listed below are data concerning the three audit jobs conducted during November. Mike Lynn $599 $478 Direct materials $251 $5,275 Auditor labor costs $6,576 $3,586 175 87 44 Auditor hours Overhead costs are applied to jobs on the basis of auditor hours, and the predetermined overhead rate is $57 per auditor hour. The Lynn job is the only incomplete job at the end of November. Actual overhead for the month was $12,530. Your answer is correct. Determine the cost of each job. Lynn 10149 Brian 12013 Mike 6345 LINK TO TEXT
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