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The Don Company uses a job-order cost system. On June 1st four jobs were in process. The total of costs incurred by each job as

image text in transcribedThe Don Company uses a job-order cost system. On June 1st four jobs were in process. The total of costs incurred by each job as of June 1st is stated in the below which includes direct materials, direct labor, and factory overhead. Direct materials and direct labor costs incurred in month June were as follows:

Job Number

101

102

103

104

June 1

Work in Process

Inventory

$1.800

$1,200

$1.000

$ 700

Added During June

Direct

Direct

Materials

Labor

$ 500

$ 400

$ 700

$ 900

$1.000

$1,500

$1.200

$2,000

Overhead is applied to jobs at the rate of 60 percent of direct labor cost. Jobs 101, 103, and 104 were completed during June and were transferred to finished goods. Jobs 101 and 103 have been sold and delivered to the customers.

Compute cost of goods sold in June.

The Don Company uses a job-order cost system. On June 1st four jobs were in process. The total of costs incurred by each job as of June 1st is stated in the below which includes direct materials, direct labor, and factory overhead. Direct materials and direct labor costs incurred in month June were as follows: Overhead is applied to jobs at the rate of 60 percent of direct labor cost. Jobs 101,103 , and 104 were completed during June and were transferred to finished goods. Jobs 101 and 103 have been sold and delivered to the customers. Compute cost of goods sold in June. Example of Answer: 4000 No comma, space, decimal point, or $ sign. Answer: 12100 0/8 points Question 15 Alberto Company buys a product called Zoom at $15 each and sells it at $20 per unit. Company management has become interested in

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