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Job-Order Cost Sheets, Balance in Work in Process and Finished Goods Instructions Job-Order Cost Sheets Balances and Calculations Instructions Prull Company, a job-order costing firm,
Job-Order Cost Sheets, Balance in Work in Process and Finished Goods Instructions Job-Order Cost Sheets Balances and Calculations Instructions Prull Company, a job-order costing firm, worked on three jobs in July Data are as follows: Job 86 $21.380 Balance, July 11 Direct materials Direct labor Machine bours 510 $10.410 $16.050 Job 87 $6,170 $12.350 $12,300 200 Job 88 30 $16,140 $24,040 1,020 Overhead is applied to jobs at the rate of $17 per machine hour. By July 31, Jobs 86 and 8 were completed. Jobs 82 and 86 were sold. Job 87 remained in process. On July 1, the balance in Finished Goods was $48.960 (consisting of Job 82 for $25.610 and Job 64 for $23,350) Prull prices its jobs at cost plus 30% During July, variable marketing expenses were 4% of sales, and fixed marketing expenses were $1.900; administrative expenses were $4.850 (Round all amounts to the nearest dollar) C F 16 Job-Order Cost Sheets Balance, July 1 3 Direct materials Direct labor 5 Applied overhead Total Prul Company Job-Order Cost Sheets For the Month of July Job 86 $21,380.00 10.410.00 16,050.00 Job 87 $6,170.00 12,350.00 12,300.00 Score: 36/60 Job 88 $0.00 16,140.00 24,040.00
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