Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Work in process of Alfonso Company on June 1, 2008 (per General Ledger) is $23,900. Per cost sheets: Per cost sheet Job 101 Job 102
Work in process of Alfonso Company on June 1, 2008 (per General Ledger) is $23,900. Per cost sheets:
Per cost sheet | Job 101 | Job 102 |
Direct Materials | $6000 | $8000 |
Direct Labor | $3000 | $2500 |
Amount charged to Work in process for June 2008 | Job 101 | Job 102 | Job 103 | Job 104 |
Direct Materials | $3000 | $2000 | $6000 | $4500 |
Direct Labor | $1000 | $1500 | $2600 | $2000 |
Factory overhead is applied to production based on Direct Labor Cost. Jobs 101 and 103 are completed during the month. What is the:
1. Cost of good put into process?
2. Cost of goods manufactured for the month of June?
3. Total manufacturing cost for June?
4. Total conversion cost for the month?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started