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The Samuelson Company uses a job-order costing system. The following data were recorded for June: Added During June Job Number Work in Process Inventory, June
The Samuelson Company uses a job-order costing system. The following data were recorded for June: Added During June Job Number Work in Process Inventory, June 1 Direct Materials Direct Labour $200 $1,000 900 800 800 600 475 476 477 478 Multiple Choice Overhead is charged to production at 70% of the direct materials cost. Jobs 475, 477, and 478 have been delivered to the customer. What was Samuelson's Work in Process inventory balance for Job 476 on June 30? $2,300 $2,720 $2,860 $6,450
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