Company X is a job-order costing manufacturer that uses a plantwide overhead rate based on direct labor hours. The company's accountant determined that the predetermined overhead rate for this year is $5.40 per direct labor hour. Company X worked on five jobs in March. Data are as follows: Job 89 Job 90 Job 91 Job 92 Job 93 Balance $13,000 $22,000 $5,500 $0 $0 Direct materials $10,000 $19,300 $25,700 $18,000 $8,000 Direct labor cost $11,500 $10,800 $3,000 $15,750 $18,400 The direct labor hours worked on each job were: Job 89: 500 hours Job 90: 450 hours Job 91: 150 hours Job 92: 750 hours Job 93: 800 hours By March 31, Jobs 89 and 91 were completed and sold. Job 90 was completed but not yet sold. The rest of the jobs remained in process. 

What is the total cost of Job 92? 

What is the total cost of Job 89? 

What is the ending balance of Work in Process on March 31? 

What is the ending balance of Finished Goods on March 31? 

What is the ending balance of Cost of Goods Sold on March 31? 

On which financial statement would the ending balance of Finished Goods appear on?

Answer rating: 100% (QA)

Company X Job Costing Analysis March 31 1 Predetermined Overhead Rate The predetermined overhead rat... View the full answer