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Time left 0:39:02 Kelly Sportswear manufactures a specialty line of T-shirts. The company uses a joborder costing system. During March, the following costs were incurred

Time left 0:39:02\ Kelly Sportswear manufactures a specialty line of T-shirts. The company uses a joborder costing system. During March, the following costs were incurred on Job 1052:\ Direct materials:

$12,700

\ Direct labour:

$3,700

\ Manufacturing overhead was applied at the rate of

$21

per machine hour, and Job 1052 required 900 machine hours. In addition, selling and shipping costs of

$6,000

were incurred. Job 1052 consisted of 5,000 shirts and was completed on March 24. The total cost of job 1052 transferred from Work in Process to Finished Goods on March 24 is:\ a.

$121,400

\ b.

$35,300

\ c.

$16,400

\ d.

$30,035
image text in transcribed
Kelly Sportswear manufactures a specialty line of T-shirts. The company uses a joborder costing system. During March, the following costs were incurred on Job 1052: Direct materials: $12,700 Direct labour: $3,700 Manufacturing overhead was applied at the rate of $21 per machine hour, and Job 1052 required 900 machine hours. In addition, selling and shipping costs of $6,000 were incurred. Job 1052 consisted of 5,000 shirts and was cempleted on March 24. The total cost of job 1052 transferred from Work in Process to Finished Goods on March 24 is: a. $121,400 b. $35,300 c. $16,400 d. $30,035

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