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Stern Corp had the following information for the month of September Direct materials Job # 1000 $450 1003 $900 1006 $250 Direct labor Job #
Stern Corp had the following information for the month of September Direct materials Job # 1000 $450 1003 $900 1006 $250 Direct labor Job # 1000 $950 1003 $600 1006 $100 Overhead is applied to jobs at $2.00 per $1 of direct labor cost. What are the costs assigned to job #1000 for the month of September? b) $1900 c) $1,400 d) $2,850 a) $3,300 Fiesta Company had a credit balance of $150,000 in their manufacturing overhead account at the end of September a) overapplied O b) underapplied Fiesta Company had a credit balance of $15,000 in their manufacturing overhead account at the end of September. If the amount is considered immaterial how will it be treated? O a) Cost of Goods Sold will be credited for $15,000 O b) Cost of Goods Sold will be debited for $15,000
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