Question
TB MC Qu. 15-94 (Algo) Job A3B was ordered by a customer on... Job A3B was ordered by a customer on September 25. During the
TB MC Qu. 15-94 (Algo) Job A3B was ordered by a customer on...
Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation used $3,200 of direct materials and used $4,700 of direct labor. The job was not finished in September. An additional $3,700 of direct materials and $7,200 of direct labor were needed to finish the job in October. The company applies overhead at the end of each month at a rate of 150% of the direct labor cost incurred. What is the total cost of the job when it is completed in October?
Multiple Choice
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$18,800
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$21,700
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$36,650
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$26,400
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$33,300
TB MC Qu. 15-104 (Algo) A company that uses job order...
A company that uses job order costing reports the following information for March. Overhead is applied at the rate of 60% of direct materials cost. The company has no beginning Work in Process or Finished Goods inventories at March 1. Jobs 1 and 3 are not finished by the end of March, and Job 2 is finished but not sold by the end of March.
Job 1 | Job 2 | Job 3 | |
---|---|---|---|
Direct materials used | $ 11,600 | $ 15,600 | $ 4,600 |
Direct labor used | $ 19,600 | $ 9,600 | $ 7,600 |
Determine the total dollar amount of Finished Goods Inventory at the end of March.
Multiple Choice
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$53,120.
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$42,760.
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$34,560.
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$86,720.
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$7,160.
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