Crazy Dog, Inc specializes in custom commercial building irrigation systems. Since the equipment is unique, Crazy Dogdesigns each system to customer specifications. The company uses a job-order costing system and applies overhead based on labor hours using a predetermined overhead rate. For the year, budgeted manufacturing overhead is $810,000 and the expected activity level is 30,000 direct labor hours. Data regarding jobs in February are presented below.

By the end of February 2020, all jobs but Lassie & Mikey were completed, and all completed jobs had been delivered to customers with the exception of Pluto.

They name all their jobs after favorite dogs.

Balance Direct Direct Labor

Job 1/31/2020 Materials Labor Hours

Snoopy $7,845 $870 $400 20

Bandit 6,780 2,150 180 9

Pluto 9,300 2,680 460 23

Lassie 5,670 7,400 1,000 50

Jack 0 5,000 1,300 65

Mikey 0 6,420 1,580 79

Required

1.What is the Ending Work in Process Balance for February?

2.What is the Finished Goods Inventory Balance for February?

3.What is the COGM during February?

4.What is the COGS during February?

Answer rating: 100% (QA)

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