Question
Matt, Inc., a toy manufacturing company uses job order cost system. The time tickets from September jobs are summarized below. Job 100 $3,500 Job 101
Matt, Inc., a toy manufacturing company uses job order cost system. The time tickets from September jobs are summarized below.
| Job 100 | $3,500 |
| Job 101 | 1,800 |
| Job 102 | 1,200 |
| Job 103 | 2,800 |
| Factory supervision | 1,700 |
Factory overhead is applied to jobs on the basis of a predetermined overhead rate of $25 per direct labor hour. The direct labor rate is $30 per hour.
a. Determine the total factory labor costs transferred to Work in Process and Factory Overhead for September.
b. Determine the amount of factory overhead applied to production for September.
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Physics
Authors: David Young, Shane Stadler
10th edition
978-1118486894
