Question

Just4U Company uses a job order cost system. The following data summarize the operations related to production for the month of January 20xx.
a) Materials purchased on account:
b) Materials requisitioned and Factory labor used:


c) Factory overhead costs incurred on account:
d) Depreciation of machinery and equipment:
e) The factory overhead rate is $50 per machine hour.
Job Order Machine Hours Used
601 ............ 320
602 ............ 225
603 ............ 300
604 ............ 285
605 ............ 312
f) Jobs completed:
g) Jobs shipped and billed: #601: $113,200, #605:$88,350


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  • CreatedSeptember 19, 2013
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