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Jason Company uses a job-order costing system and applies overhead costs to jobs using a pre-determined overhead rate of $6.30 per direct labor hour. Jason
Jason Company uses a job-order costing system and applies overhead costs to jobs using a pre-determined overhead rate of $6.30 per direct labor hour. Jason Company began work on four jobs during June. Information related to the four jobs appears below: direct materials used direct labor cost direct labor hours used units in the job Job B-7a $3,786 $2,875 280 hours 500 units Job F-8n $1,492 $4,255 410 hours 700 units direct materials used direct labor cost direct labor hours used units in the job Job J-99. $4,794 $4,715 370 hours 800 units Job Y-6c $2,465 $3,220 250 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, Jason Company sold all of the units from Job B-7a and sold 420 of the units from Job J-99. None of the units from Job Y-6c were sold during June. Assume Jason Company had no inventories of any type at June 1. Jason Company's actual overhead cost for the month of June totaled $9,045. Calculate Jason Company's cost of goods sold for June after the overhead variance is closed
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