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Sepctember 1, inventories Materials $9,000 Work in process (all job X) 37400 Finished goods 80400 Materials purchases 125000 Direct materials requsitioned Job X $54,500 Job
| Sepctember 1, inventories | |
| Materials | $9,000 |
| Work in process (all job X) | 37400 |
| Finished goods | 80400 |
| Materials purchases | 125000 |
| Direct materials requsitioned | |
| Job X | $54,500 |
| Job Y | 40000 |
| Direct Labor Hours | |
| Job X | 5000 |
| Job Y | 4500 |
| Labor costs incurred | |
| Direct Labor ($6.00 per hour) | 57000 |
| Indirect labor | 16200 |
| Factory supervisory salaries | 7200 |
| Rental costs | |
| Facotry | 8400 |
| Administrative offices | 2200 |
| Total equipment depreciation costs | |
| Factory | 9000 |
| Administrative offices | 1900 |
| Indirect materials used | 14400 |
1 what is the total cost of job X? 2. The overhead for September is underapplied or overapplied and by how much?
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Mastering The Five Tiers Of Audit Competency Internal Audit And IT Audit
Authors: Ann Butera
1st Edition
1498738494, 978-1498738491
