Question
jenkins company uses a job order cost system with ... Question: Jenkins Company uses a job order cost system with ... Jenkins Company uses a
jenkins company uses a job order cost system with ... Question: Jenkins Company uses a job order cost system with ... Jenkins Company uses a job order cost system with overhead applied to jobs on the basis of direct labor hours. The direct labor rate is $20 per hour, and the predetermined overhead rate is $15 per direct labor hour. The company worked on three jobs during April. Jobs A and B were in process at the beginning of April. Job A was completed and delivered to the customer. Job B was completed during April, but not sold. Job C was started during April, but not completed. The job cost sheets revealed the following costs for April: Job A Job B Job C Cost of Jobs in Process, 4/1/2013 $ 12,700 $ 1,100 $ Direct Materials Used 2,700 9,400 11,100 Direct Labor 11,400 9,400 3,700 Applied Manufacturing Overhead ? ? ? Required: If no other jobs were started, completed, or sold, determine the balance in each of the following accounts at the end of April: A: Work In Process B. Finished Goods C. Cost of Goods Sold
Please show the work so I can understand it better than just putting the answer there. I know this question was answered, but I still cannot figure out the solution for the applied manufacturing overhaed. It will be very helpful for me if you provide the work to get the answer. Thanks!
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