Bonusist Systems specializes in creating custom electrical systems for luxury Newell RV busses, tailoring each component to
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Question:
Bonusist Systems specializes in creating custom electrical systems for
luxury Newell RV busses, tailoring each component to meet specific
customer needs. The company employs a joborder costing method,
allocating overhead costs based on labor hours at a preestablished
rate. For the year, the planned manufacturing overhead is set at
$ with an anticipated workload of labor hours. The
following details pertain to job orders processed in February.
Balance Direct Direct Labor
Materials Labor Hours
AR $ $ $
DC $
IL $
LA $
LM $
MN $
NC $
By the end of February all jobs but LM and NC were
completed, and all completed jobs had been delivered to customers
with the exception of IL and LA
What is the WIP Ending Balance for February?
What is the amount of COGM for February?
What is the amount of COGS for February?
Related Book For
Accounting Information Systems
ISBN: 9780132871938
11th Edition
Authors: George H. Bodnar, William S. Hopwood
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