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Mallet Company has only Job 844 in process on March 1 of the current year. The job has been charged with $2,000 of direct material
Mallet Company has only Job 844 in process on March 1 of the current year. The job has been charged with $2,000 of direct material cost, $2,100 of direct labour cost, and $1,750 of manufacturing overhead cost. The company assigns overhead cost to jobs at a predetermined rate of 70% of direct labour cost. Any under-or overapplied overhead cost is closed out to Cost of Goods Sold at the end of the month. Duting March, the following activity and amounts were recorded by the company: Raw materials (all direct materials): Labour: Inventories: Work in Process inventory contains $5.150 of ditect labour cost. What is the amount of direct materials cost in the March 31 work in process inventory occount? What is the amount of direct materials cost in the March 31 work in process inventory account? Muttiple Choice $9,330 $9,350 $9.000 $3.850
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