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x XYe Granite Company Uses A x Chegg Study I Guided So ndCompany uses A Page 6 8. The Garnet Company uses a job-order cost
x XYe Granite Company Uses A x Chegg Study I Guided So ndCompany uses A Page 6 8. The Garnet Company uses a job-order cost system. The following data were recorded for February: February 1 Added During February Work in Process Direct Direct Materials Labor s 400600 $ 600 950 $1,000 $1.800 $1,300 $2,100 Job Number inventory $1,500 $2,000 $ 500 $ 250 Overhead is charged to jobs at the rate of 140% of direct labor cost. Jobs 1, 2, and 3 were completed during February and transferred to finished goods. Job 3 has been delivered to the customer. How much overhead was added to all jobs during February? How much total manufacturing costs added to all jobs during February? How much inventory was transferred to Finished Goods during February? How much inventory is still on the assembly line at the end of February? How much inventory was sold to customers? L How much inventory is still in the warehouse at the end of February? t 7 13 3
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