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Oak Creek Furniture Factory (OCFF), a custom furniture manufacturer, uses job order costing to track the cost of each customer order. On March 1,
Oak Creek Furniture Factory (OCFF), a custom furniture manufacturer, uses job order costing to track the cost of each customer order. On March 1, OCFF had two jobs in process with the following costs: Balance on 3/1 Work in Process Job 33 Job 34 $ 4,300 4,700 $ 9,000 Source documents revealed the following during March: Materials Requisitions Forms Labor Time Tickets Status of Job at Month-End Job 33 Job 34 $ 4,000 $5,600 Completed and sold 3,800 Job 35 Indirect 4,900 600 $13,300 3,900 2,200 1,200 $ 12,900 Completed, but not sold In process The company applies overhead to products at a rate of 65 percent of direct labor cost Required: 1. Compute the cost of Jobs 33, 34, and 35 at the end of the month.
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