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Question 1: The information of MB company in October 2018 is as follow: Direct materials For job A100 For job A150 direct labour $150,000 $110,000

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Question 1: The information of MB company in October 2018 is as follow: Direct materials For job A100 For job A150 direct labour $150,000 $110,000 For job A 100 $80,000 $50,000 For job A150 applicd the overhead rate of 200% of direct labour. actual overhead $270,000 job A100 was completed and delivered to the customer with the sales price of $450,000. The overallocated/ underallocated overhead is counted in the cost of sales (of Job A100) Compute COST OF GOOD SOLD of MB Company in october

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