Question: can some please solve this in 40? I really need the answer right noe thank you. 40 minutes? please Job 39 Job 40 Job 42
Job 39 Job 40 Job 42 Job Costs using a Plantwide Overhead Rate Perrin Company designs industrial prototypes for outside companies. Budgeted overhead for the year was $315,000, and budouted direct labor hours were 18,000. The were rate for direct tabor is expected to be $35 per hour. During June, Perrin Company worked on four jobs, Bata rulating to the four jobs fotow, Job 41 Beginning balance $23,900 535,600 315,100 Materials requisitioned 17.300 20.000 10.500 Direct labor com 3,400 17,100 5.150 Overhead is assigned as a percentage of direct labor cost. During June, Jobs 39 and 40 were completed; Job 39 was sold 125 percent of cost Job to is the only be in Fistet Goods Inventory and will remain there until the customer scorpts delivery and says. Jobs 41 and 42 remain unfinished at the end of the month 5500 14.000 5.700 Required: 1. Calculate the balance in Work in Process as of June 30, 2. Calculate the balance in Finished Goods as of June 30 3. Calculate the cost of goods sold for June 4. Calculate the price charged for Job 39. Round your answer to two decimal places. 5. What if the customer for Job 40 was able to pay for the job by June 307 What would happen to the balance in Finished Goods? What would happen to the balance of Cost of Goods Sold Net
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