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The following Information applies to the questions displayed below] Capri Boat Corporation uses a job order cost system and applies overhead based on a percentage

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The following Information applies to the questions displayed below] Capri Boat Corporation uses a job order cost system and applies overhead based on a percentage of direct labor cost. Cost flows through the Work In Process Inventory account during March are given below Work in Process Part 1 of 3 Beginning Balance Direct Materials Direct Labor verhead Ending Balance Transferred Out 157,886 48,88 79,88 118,58 88,580 01:29:12 Only Job #007 was still in process at the end of March and this job had been charged with $25,000 In direct materials cost. The amount of direct materials cost charged to completed jobs during March was: Multiple Choice $12,500 $39,500 $15,000 $80,500

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