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Williams Company uses a job-order costing system and the following information is available from its records. The company has three jobs in process: #6, 9,
Williams Company uses a job-order costing system and the following information is available from its records. The company has three jobs in process: #6, 9, and 13. Raw Material used $120,000 Direct Labor per hour $8.50 Overhead applied based on direct labor cost 120% Direct material was requisitioned as follows for each job respectively: 30%, 25%, and 24%; the balance of the requisitions was considered indirect. Direct labor hours per job are 2,500; 3,100; and 4,200; respectively. Indirect labor is $33,000. Other actual overhead costs totaled $36,000. Assume that the balance in the work in process inventory was $18,500 on June 1 and 425,297 on June 30. the balance on June 30 represents one job that contains direct material of $11,250. How many direct labor hours have been worked on this job
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