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I wanted to get a second opinion on my answer choices that I am about to submit. Job A3B was ordered by a customer on

I wanted to get a second opinion on my answer choices that I am about to submit.

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Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $2,500 of direct materials and used $4,000 of direct labor. The job was not finished by the end of the month, but needed an additional $3,000 of direct materials and additional direct labor of $6,500 to finish the job in October. The company applies overhead at the end of each month at a rate of 200% of the direct labor cost incurred. what is the balance in the Work in Process account at the end of September relative to Job A3B? Multiple Choice $5,500 $11,500 $6,500 $9,500 $14,500 When Factory Wages Payable costs for labor are allocated in a job cost accounting system: Multiple Choice Factory Wages Payable is debited and Work in Process Inventory is credited. Work in Process Inventory and Factory Overhead are debited and Factory Wages Payable is credited. Cost of Goods Manufactured is debited and Direct Labor is credited. Direct Labor and Indirect Labor are debited and Factory Wages Payable is credited Work in Process Inventory is debited and Factory Overhead is credited. Copy Center pays an average wage of $12 per hour to employees for printing and copying jobs, and allocates $18 of overhead for each employee hour worked. Materials are assigned to each job according to actual cost. If Job M-47 used $350 of materials and took 20 hours of labor to complete, what is the total cost that should be assigned to the job? Multiple Choice $590 $600 $380 $950 $710 The Work in Process Inventory account for DG Manufacturing follows. Compute the cost of jobs completed and transferred to Finished Goods Inventory Work in Process Inventor Beginning WIP Direct materials Direct labor Applied Overhead Total Manufacturing Costs To Finished Goods Ending WIP 4,500 47,100 29,600 15,800 97,000 8,900 The cost of units transferred to finished goods is Multiple Choice $97,000 $105,900. $88,100 $95,200 A job cost sheet includes: Multiple Choice Direct materials, direct labor, operating costs. Direct materials, estimated overhead, administrative costs Direct labor, actual overhead, selling costs. Direct material, direct labor, applied overhead. Direct materials, direct labor, selling costs. Lowden Company has an overhead application rate of 160% and allocates overhead based on direct material cost. During the current period, direct labor cost is $50,000 and direct materials used cost $80,000. Determine the amount of overhead Lowden Company should record in the current period Multiple Choice $31,250 $50,000 $80,000 $128,000 $208,000 Juarez Builders incurred $285,000 of labor costs for construction jobs completed during the correct journal entry to record the direct labor for the month is: Multiple Choice Debit Payroll Expense $212,000; credit Cash $212,000. Debit Factory Wages Payable $285,000; credit Work in Process Inventory $212,000 Debit Work in Process Inventory $212,000; credit Cash $285,000 Debit Work in Process Inventory $285,000; credit Factory Wages Payable $285,000 Debit Work in Process Inventory $212,000; credit Factory Wages Payable $212,000 A company that makes which of the following types of products would best be suited for a job costing system? Multiple Choice Fruit juice Bathing suits Snack chips Compact discs Custom jewelry Andrew Industries purchased $165,000 of raw materials on account during the month of March. The beginning Raw Materials Inventory balance was $22,000, and the materials used to complete jobs during the month were $141,000 of direct materials and $13,000 of indirect materials. What is the ending Raw Materials Inventory balance for March? Multiple Choice $46,000 $11,000 $33,000 $24,000 $9,000

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