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Oriole Sports has determined the following unit costs for each of its products: Pants Jerseys Jackets Direct materials $7.00 $11.00 $58.00 Direct labor 4.00 3.00
Oriole Sports has determined the following unit costs for each of its products: Pants Jerseys Jackets Direct materials $7.00 $11.00 $58.00 Direct labor 4.00 3.00 22.00 Manufacturing overhead 5.00 3.75 27.50 Total unit cost $16.00 $17.75 $107.50 Sales price per unit $20.00 $22.15 $168.50 On May 31, Oriole Sports' Work in Process Inventory consisted of the following items: Job Units Accumulated Cost PA-1247-Pants 100 $1,150 JE-1397-Jerseys 200 2,830 JA 426-Jackets 50 4,025 $8,005 $8,005 During June, a total of $287,000 in direct materials and $124,380 in direct labor costs were incurred. Units finished and sold during June were as follows: Product Units Finished Units Sold Pants 13,500 14.000 Jerseys 3,200 3.100 Jackets 2.500 2.500 Calculate the Ending Work in Process Inventory balance on June 30. (Round answer to O decimal places, eg 5,275.) Ending Work in Process Inventory balance
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