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Number 16 At the beginning of the month, Daniefs Business Services had two incomplote consuting engagements (jobs) that had the following costs assigned from previous
Number 16
At the beginning of the month, Daniefs Business Services had two incomplote consuting engagements (jobs) that had the following costs assigned from previous months. During the month, Jobs DES-32 and De5-35 were completed but not billed to customers. Completion of DeS-32 required an additional $32,100 in asscciate laboc For DES-35, an additional $96,000 in associate labor was incurred. During the month, the only new job, De5-36, was started but not finished. Total associate labor costs for all jobs amounted to $196,400 for the month. Overhead in this company refers to the cost of work that is pot directly traced to particular jobs, including supplies. copying. printing, and travel costs to meet with clents. Ovechead is applied at a rate of 75 percent of associste labor costs. This rate has not changed for mary month. Actust owerhead for the month was $137.520. Required: a. What are the costs of Jobs DES-32 and DBS-35 at (t) the beginning of the month and (2) when completed? b. What is the cost of Job DBS- 36 at the end of the month? c. How much was under-or overapplied service overhead for the month? Complete this question by entering your answers in the tabs below. What are the costs of zobs Dos-32 and Des-35 at (1) the beginning of the month and (2) when completed? Complete this question by entering your answers in the tabs below. What is the cost of Job DBS- 36 at the end of the month? Complete this question by entering your answers in the tabs below. How much was under-or overapplied service overhead for the month Step by Step Solution
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