Answered step by step
Verified Expert Solution
Question
1 Approved Answer
the following debits (credits) appeared in Axe company's work in process inventory account for the month of march: March 1 beginning balance $2000 March 31
the following debits (credits) appeared in Axe company's work in process inventory account for the month of march: March 1 beginning balance $2000 March 31 direct materials $12,000 March 31 direct labor $8,000 March 31 manufacturing overhead $6,400 March 31 transfer to finished good(24,000) Axe applies overhead to jobs at predetermined application rate of 80% of direct labor cost . job No. 9, the only job still in process at the end of march, has been charged with direct labor of $1000. The amount of direct materials charged to Job No. 9 was:
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started