Q 15.21: The Cline Company is a real estate consulting firm that works with corporations to relocate employees. In May, Sandra Palmer, an engineer with the GP Corporation, used the services of the Cline Company to help coordinate a move from Atlanta, Georgia, to Singapore. Cline assigned the number Palmer GP2014 to this job. Cline charges $150 per hour and allocates overhead at 50% of direct labor costs. What cost is on the Palmer GP2014 job cost sheet for May, assuming the job is not yet complete and Cline also dedicated 25 direct labor hours to Palmer GP2014 at the end of April? A $1,875 B $3,750 ,500 D $5,625 Stud Dec. 1 Beginning balance 31 Purchases Dec 31 Ending balance Raw Materials Inventory (a) Dec 31 18,325 8,255 Requisitions 17,850 Work in Process Inventory (b) Dec. 31 Jobs completed c) Dec 1 Beginning balance 31 Direct materials 31 Direct labor 31 Overhead Dec 31 Ending balance 8.900 (d) le) Finished Goods Inventory (8) Dec 31 Cost of goods sold Dec. 1 Beginning balance !! Dec. 1 Beginning balance Finished Goods Inventory (8) Dec 31 Cost of goods sold 31 Completed jobs (h) Dec 31 Ending balance 0 Dec 31 Factory wages Factory Labor 12.125 Dec. 31 Wages assigned (6) Dec. 31 Manufacturing Overhead 3,300 Dec 31 Overhead applied Indirect materials 31 Indirect labor 31 Other overhead 1.845