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The following information applies to Job 730 completed by Sweeny Manufacturing Company during October 2013. The amount of labor cost for the job was $89,850.
The following information applies to Job 730 completed by Sweeny Manufacturing Company during October 2013. The amount of labor cost for the job was $89,850. Applied overhead amounted to $105,000. The project was completed and delivered to Perez Company at a contract price of $303,000. Sweeny recognized a gross profit of $50,400 on the job. |
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Determine the amount of raw materials used to complete Job 730. |
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