Questions (will give a thumbs up!)

1. What is the ending balance in the WIP account?

2. How much direct labour was used for Job 850?

3. What is the amount of direct materials used for Job 850?

Culver Company uses a job costing system. Overhead is allocated based on 120% of direct labour cost. Last month's transactions in the work-in-process account are shown here: Work in Process $49,200 169,300 To finished goods 108,700 152,200 Beginning balance Direct materials Direct labour Factory overhead $416,900 Only one job, #850, was still in process at the end of the month. Job 850 was charged with $9,600 in overhead for the month