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In its job costing system Flint Co. applies MOH to jobs using a budgeted MOH rate based on DL dollars. The rate, which b DO*
In its job costing system Flint Co. applies MOH to jobs using a budgeted MOH rate based on DL dollars. The rate, which b DO* of OL dollars, was calculated last December and willl be used throughout the current year. On August 1, Flint had one job #150, In process, with OM cost of $2400 and OL costs of $400. Dur Ing August, directmater laland direct labor costs were added to Job815), as wellas new Jobs #151 and $152 as follows. Job #150 Job #151 Job #152 Olrect materials $4,400 $1 400 Olrect la beer $1 FOO $5,400 $2 900 Actual MOH cost for the month of Augustwas $22 800. Dur Ing the month, Flint completed Jobs $150 and $151 [a] Your answer Is correct Whatwas Flint's Cost ofGoods Manufactured for the month ofAugust Cost of goods manufactured $ 39 900 e Textbook and Media Attempt s:2 of 2 1Bed [b) Whatwas the balance In WIP Inventory atthe end of August Ending balance In WIP Inventory $ DOBP
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