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Jeter Company uses a job order cost system. On 12-31-2012, they had 1 job, # 188 in process. They had incurred materials of $3, 800

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Jeter Company uses a job order cost system. On 12-31-2012, they had 1 job, # 188 in process. They had incurred materials of $3, 800 and direct labor of $7,000. They selected direct labor dollars as the cost driver and the rate In 2012 was 60% of direct labor dollars so overhead applied totaled $4, 200. Information for 2013 is shown below: Determine the applied overhead. Determine the cost of each job. Determine die ending inventory of a) WIP, b) Finished goods. Also determine cost of goods sold

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