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Job cost cards for the current are listed at the right. Overhead costs are calculated at 140% of the direct labor cost. Solve for the
| Job cost cards for the current are listed at the right. Overhead costs are calculated at 140% of the direct labor cost. Solve for the WIP balances for the individual jobs and the monthly total. | Job Order Cards in Process at the End of Month | |||||||
| Job # | Direct Labor | Direct Materials | Overhead | Total | Quantity | Unit Cost | ||
| 123 | $1,500 | $1,500 | ||||||
| 456 | $2,000 | $2,000 | ||||||
| 789 | $1,800 | $2,500 | ||||||
| The following are the quantities produced for each job. Job #123, 1000; Job #456, 700; Job #789, 1200; Job #1010, 500; and Job #1213, 800. Calculate the cost per unit for all these jobs. | 1011 | $3,000 | $2,250 | |||||
| 1213 | $5,000 | $3,200 | ||||||
| Monthly Total | ||||||||
| Complete the grey areas. | ||||||||
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