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tu carge to lt pibise& reasonable profit for yourself? 2-3, 2-4,2-5, 2-6,2.51 $2-3 Comprehensive Job Order Costing Case Sampson Company uses a job onder cost
tu carge to lt pibise& reasonable profit for yourself? 2-3, 2-4,2-5, 2-6,2.51 $2-3 Comprehensive Job Order Costing Case Sampson Company uses a job onder cost system with overhead applied to products based on direct labor hours. Based on previous history, the company estimated its total overhead for the coming year (2016) to be $720,000 and its total direct labor hours to be 24,000. On January 1, 2016, the geoeral ledger of Sampson Company revealed that it had one job in process (Job 102) for which it had incurrod a total cost of $1s.000. Job 101 had been finished the contract for Raw Materials Inventory and other previous month for a total cost of $30,000 but was not yet sold. The company had a Job 103 but had not started working on it yet. Other balances i assets, liabilities, and stockholders' equity accounts are summarized o the next page
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