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Question 5 (7 marks, suggested time 10 minutes) The following information was obtained from the job order cost system of Leonard Company for jobs worked

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Question 5 (7 marks, suggested time 10 minutes) The following information was obtained from the job order cost system of Leonard Company for jobs worked on during September 2019: 2.150 Job Number Direct Materials Direct Labour Applied Overhead Total Cost 08.09 $264 5365 SS11 S1,140 08-12 172 2 40 336 09.01 365 520 728 11.613 09.02 2.180 1.825 2355 6.560 09-03 374 740 1016 1.820 980 09.05 R37 640 2.373 09.06 289 720 1.008 2017 09-07 351 470 658 1.479 09. 0 429 730 1.022 2 .181 09.09 454 620 952 2,086 09.04 896 Jobs 08-09 and 08-12 were started in August. All jobs were completed in September. All jobs except 09-06 and 09-08 were sold in September. Overhead is applied on the basis of direct labour cost using a predetermined rate. a) Calculate the conversion cost of Job 09-01 and put a box around your answer. (1 mark) b) Calculate the prime cost of Job 08-12 and put a box around your answer. (1 mark) c) Calculate the total cost of Job 09-04 and put a box around your answer. (2 marks) d) What is the cost of finished goods inventory at September 30? Please put a box around your answer. Please show the jobs included in finished goods inventory and explain your reasoning

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