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Question 1) Brandt Company produces unique metal sculptures. On September 1, three jobs were in process with the following costs: Direct materials Direct labor Applied
Question 1) Brandt Company produces unique metal sculptures. On September 1, three jobs were in process with the following costs: Direct materials Direct labor Applied overhead Job 35 $300 350 420 Job 36 $280 700 392 Job 37 S475 1,050 665 During the month of September, two more jobs were started, Jobs 38 and 39. Materials and labor costs incurred by each job in September are as follows: Materials Direct Labor Job 35 Job 36 Job 37 $400 150 260 800 760 $300 200 150 650 700 nJob 38 ob 39 Jobs 36 and 39 were completed and sold by September 30 Required 1) What are the total costs for each job (35-39) and in total during September? 2) What are the WIP & COGS balances as of September 30? Question 1) Brandt Company produces unique metal sculptures. On September 1, three jobs were in process with the following costs: Direct materials Direct labor Applied overhead Job 35 $300 350 420 Job 36 $280 700 392 Job 37 S475 1,050 665 During the month of September, two more jobs were started, Jobs 38 and 39. Materials and labor costs incurred by each job in September are as follows: Materials Direct Labor Job 35 Job 36 Job 37 $400 150 260 800 760 $300 200 150 650 700 nJob 38 ob 39 Jobs 36 and 39 were completed and sold by September 30 Required 1) What are the total costs for each job (35-39) and in total during September? 2) What are the WIP & COGS balances as of September 30
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