X HW 2.docx Non enregistr pour le mo HW 2: chap 2: Job order costing You have the following information concerning a company: RM purchased 100 000 Beginning RM 20 000 Indirect RM used 10 000 Ending RM 10 000 Direct Labor used 30 000 Applied MOH 50 000 Beginning WIP 15 000 Ending WIP 20 000 Beginning FG 30 000 Ending FG 20 000 Sales revenues 270 000 Actual MOH 45 000 Selling & Administrative expenses 15 000 Required: Prepare the cost report and the partial income statement indicating the gross margin and the net operating income