The Samuelson Company uses a job-order cost system. The following data were recorded for June Added...
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The Samuelson Company uses a job-order cost system. The following data were recorded for June Added During June Direct June 1 Work in Process Direct Job Number Inventory Materials Labor $ 200 $ 800 S 400 $ 600 S 900 $ 1.100 475 $1,000 S 900 $ 800 $ 600 476 477 $1,400 478 $1,900 Overhead is charged to production at 70% of the direct materials cost. Jobs 475, 477, and 478 have been delivered to the customer. Samuelson's Work in Process inventory balance on June 30 was: Select one. a. $6,450. b. $2.860. C. $2,300. d. $2,720. The Samuelson Company uses a job-order cost system. The following data were recorded for June Added During June Direct June 1 Work in Process Direct Job Number Inventory Materials Labor $ 200 $ 800 S 400 $ 600 S 900 $ 1.100 475 $1,000 S 900 $ 800 $ 600 476 477 $1,400 478 $1,900 Overhead is charged to production at 70% of the direct materials cost. Jobs 475, 477, and 478 have been delivered to the customer. Samuelson's Work in Process inventory balance on June 30 was: Select one. a. $6,450. b. $2.860. C. $2,300. d. $2,720.
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