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Pertin Company designs industrial prototypes for outside companies Budgeted overhead for the year was $187,500, and budgeted rect labor hours were 15,000. The average pe
Pertin Company designs industrial prototypes for outside companies Budgeted overhead for the year was $187,500, and budgeted rect labor hours were 15,000. The average pe t June, Perrin Company worked on four jobs. Data relating to these four j Beginning balance Materials requisitioned Direct labor cost Job 39 $20,200 340 $35,000 Job 41 3042 $17,400 $300 16,900 23,400 13.700 13.200 8.000 20,500 8,350 3,100 Overhead is assigned as a percentage of direct labor cust. During June, Jobs 29 and 40 were completed: Job 39 - delivery and pays. Jobs 41 and 42 remain unfinished at the end of the month. Required 1. Calculate the balance in Work in Process as of June 30 55,760 X 2. Calculate the balance in Finished Goods as of June 30 3. Calculate the cost of goods sold for June. 4. Calculate the price charged for Job 39. Round your answer to two decimal places in Finished Goods
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