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The Lee Company uses a job-order costing system. The following data were recorded for June: Added During June---- Job Number June 1 Work in Process
The Lee Company uses a job-order costing system. The following data were recorded for June: Added During June---- Job Number June 1 Work in Process Inventory Direct Materials Direct Labor 235 $2,500 $600 $400 236 $1,500 $800 $1,000 237 $1,000 $1,200 $1,750 238 $800 $1,500 $2,250 Overhead is charged to production at 80% of direct materials cost. Jobs 235, 237, and 238 were completed during June and transferred to finished goods. Jobs 235 and 238 have been delivered to customers. 20. Lee Company's cost of goods sold for June was A. $14,640. B. $15,520. C. $9,730. D. $10,170. Please SHOW HOW to get this
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