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The Ship Chandlery Company uses normal job - order costing in its only department. It began operations on December 1 , 2 0 2 2
The Ship Chandlery Company uses normal joborder costing in its only department. It began operations on December The Materials Inventory Account includes both direct and indirect materials. During December the company purchased $ of raw materials. It then used $ of direct materials to start Job A The company charged total conversion costs of $ to Job A during December. As of the end of December Job A was not complete. There was no underapplied or overapplied overhead for December. No indirect materials were used in December.
Ship Chandlery began its new fiscal year on January The company charges overhead based on direct labor hours. The estimated direct labor hours for are hours and the estimated overhead cost for is $
The following transactions occurred in
There were jobs that had work completed in Some of the data for these jobs are shown below.
Direct Materials Cost
tableJob AJob BJob CJob DJob E$$$$$
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