Question
Swiftys Lawn Services provides custom landscaping for homes and businesses and uses job order costing to capture the cost of its landscaping jobs. There are
Swiftys Lawn Services provides custom landscaping for homes and businesses and uses job order costing to capture the cost of its landscaping jobs. There are no jobs in process at the beginning of May. Listed below are data concerning the three landscaping jobs conducted during May.
Southside | Oceanview | Rocky Heights | ||||
---|---|---|---|---|---|---|
Direct materials | $5,980 | $7,060 | $6,900 | |||
Landscaper labor costs | $4,347 | $5,796 | $5,103 | |||
Landscaper hours | 69 | 92 | 81 |
Overhead costs are applied to jobs on the basis of landscaper hours, and the predetermined overhead rate is $64 per landscaper hour. The Southside job is the only incomplete job at the end of May. Actual overhead for the month was $15,848.
Indicate the balance of the Landscape Contracts in Process account at the end of May.
Balance of the landscape contracts in process account | $enter the balance of the landscape contracts in process account in dollars |
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