$1.00 somebody help the account problem
Company uses a
job-order costing system and started the month of March with one job in process
(Job #359). This job had $500 of cost assigned to it at this time. During
production costs as follows to the jobs worked on during the month:
Job #359 Job
#360 Job #361
assigned to jobs during March $6,000 $8,100 $2,400
Leija completed and sold Job #359. Job #360 was also completed but was not sold
month end. Job
#361 was not completed by the end of March.
Leija's cost of goods manufactured for March?
Is the answer?
$16,500. $14,600. $ 6,500. or $14,100
B.) uses a job order cost system. The
following debits (credit) appeared in Birk's
Process account for the month of April:
Description Amount 1 Balance $4,000 30 Direct materials 24,000 30 Direct labor 16,000
30 Manufacturing overhead 12,800
30 To finished
overhead to jobs at a predetermined rate of 80% of direct labor cost. Job
No. 5, the
only job still in process on April 30, has been charged with direct labor of
was the amount of direct materials charged to Job No. 5?
$24,000. $3,000 . $5,200 or $8,800