Question: chapter 15 mini test question 11 and 12 Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation

chapter 15 mini test question 11

and 12
Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $2,000 of direct materials and used $3,500 of direct labor. The job was not finished by the end of September, but needed an additional $2.500 of direct materials in October and additional direct labor of $6,000 to finish the job. The company applies overhead at the end of each month at a rate of 200% of the direct labor cost. What is the amount of job costs added to Work in Process Inventory during October? Multiple Choice $14.000 $20.500 $33.000 $24.000 O $28,500 The Work in Process Inventory account of a manufacturing company has a $4.150 debit balance. The company applies overhead using direct labor cost. The cost sheet of the only job still in process shows direct material cost of $1.970 and direct labor cost of $710. Therefore, the amount of applied overhead is: Multiple Choice $2180 $2.680 $1470 $710. $3.440
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
