Question
Questio n 3 Job Costing On M arch 1, Pixma Company had the following balances in its inventory accounts: Raw Materials $42,000 Work in Process
Question 3 Job Costing
On March 1, Pixma Company had the following balances in its inventory accounts:
Raw Materials$42,000
Work in Process$ 9,905
Finished Goods$ 0
Work in Process of $9,905 on March 1 was made up of three jobs with the following costs:
| Job 817 | Job 818 | Job 819 |
Raw materials | $2,100 | $1,410 | $1,915 |
Direct labour | 900 | 850 | 1,050 |
Applied overhead | 540 | 510 | 630 |
Hint: Add these to get your beginning WIP amounts for March.
During March, the following transactions occurred:
and $40 materials used indirectly
and $60 labour used indirectly
[Hint: Look at the overhead applied to Jobs 817-819 to determine the overhead rate.]
Required:
Use the following page.
1.DRCR
(a)
(b)
(c)
(d)
(e)
(f)
(g)
(h)
2.Job 817Job 818Job 819
3.MaterialsWork-in-processFinished Goods
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