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View Policies Show Attempt Histony Current Attempt in Progress Suniand Marufacturirg uses a job - order cost system and applies cyerhead to production an the

View Policies
Show Attempt Histony
Current Attempt in Progress
Suniand Marufacturirg uses a job-order cost system and applies cyerhead to production an the basis of direct labour costs On January 1,2022, Job Na.50 was the only jab in process. The costs incurred prior to January 1 on this job were as follows: direct materists $30,500, direct labour $15,500, and manufacturing overhesd $20,500. As at January 1. Jeb Nat 49 has been completed an a cost of $120,500 and was part of finished goods inwentory. There w3s $525,900 balance in the Raw Materials inventory account on jaratary 2.
During the month of January, Sunland Manufacturing began prodaction on Jobs 51 and 52, and completed Jots 5D and 51. Jobs 49 and 50 were sold on accouns during the manth for $152000 and $198,300, repectively. The followirg additianal events occurred during the month:
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