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Job 405 , materiat x,59000 Job fos material x;55.000 materies y,50.000 Job 407 material 59000; mateyal y,55.200 12. Tirne tickets for the month were chatgeabie
Job 405 , materiat x,59000 Job fos material x;55.000 materies y,50.000 Job 407 material 59000; mateyal y,55.200 12. Tirne tickets for the month were chatgeabie as follown. (3) Oeher information Factory paychechs for $30700 were issued durng the month. Various factory averhead charges of $21,400 were incuired on account Depreciation of factory equipment for the month was 57.400. Factory overhead was applied to jobs at the rate of $5.20 per direct labor hout Job orders completed during the month: Job 405 and Job 406 . Selling and administrative costs were $4$100. Factory overhead is closed out only at the end of the yeat. If Job 406 was sold on account for $61,500, how muich gross profi would be recognized for the job
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