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Oriole Assemblers uses normal job-order costing to assign costs to products. The company assembles and packages 25 different products according to customer specifications. Products
Oriole Assemblers uses normal job-order costing to assign costs to products. The company assembles and packages 25 different products according to customer specifications. Products are worked on in batches of 20 to 40 units. Each batch is given a job number. On October 1, the company had the following balances: Raw materials $10.290 Work in process 69.156 Finished goods 32,170 Work in process consisted of the following jobs: Job 22 Job 24 Job 25 Direct materials $6,510 $5,450 $5,040 Direct labour 11.030 9,670 9,980 Applied overhead 7.721 6,769 6.986 Total $25,261 21.889 $22,006 Number of units 20 40 30
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