Question
The following account appears in the ledger after only part of the postings have been completed for October: Work in Process Balance, October 1 $8,920
The following account appears in the ledger after only part of the postings have been completed for October:
| Work in Process | ||
| Balance, October 1 | $8,920 | |
| Direct materials | 60,660 | |
| Direct labor | 72,250 | |
| Factory overhead | 40,140 | |
Jobs finished during October are summarized as follows:
| Job 1004 | $32,750 |
| Job 1030 | 20,020 |
| Job 1037 | 38,210 |
| Job 1041 | 63,690 |
a. Determine the cost of jobs completed. $fill in the blank 1
b. Determine the cost of the unfinished jobs at October 31. $fill in the blank 2
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Investment Grade Energy Audit Making Smart Energy Choices
Authors: Shirley J. Hansen, James W. Brown
1st Edition
0824709284, 978-0824709280
