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The Bus Company uses a job-order costing system. The following information was recorded for the month of September Added During September September 1 Direct Direct

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The Bus Company uses a job-order costing system. The following information was recorded for the month of September Added During September September 1 Direct Direct Job Number Inventory Materials Labour 1 $1,000 $ 300 $200 2. $1,400 $ 250 $300 3 $ 500 $1,500 $150 4 $ 750 $4,000 $400 The direct labour wage rate is $10 per hour. Overhead is applied at the rate of $5 per direct labour hour. During September, Jobs 1, 2, and 3 have been completed and transferred to finished goods. Job 2 has been delivered to the customer **For the following 2 questions, in chart form, show the job #s that are involved and all of the cost components for each to support your answer. a Calculate the ending balance in Work in Process inventory at September 30, showing the total and a breakdown of all job costs remaining in this account in the chart started below. Complete the chart. You may need include additional headings (4 marks) Beginning Job # Balance DL Cost Total cost DM Cost b. What is the cost of goods sold for September? (3 marks) You may need additional headings. Beginning Balance DM Cost Job # DL Cost Total Cost

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