Problem 1-19: Job Order Cost Accumulation Analysis Tuason Co. uses job order cost accumulation and applies overhead based on direct labor hours. Any underapplied or overapplied overhead is ad- justed directly to Cost of Goods Sold at the end of each month. On April 1, job cost sheets indicated the following: Job 201 Job 202 Job 203 Job 204 Direct materials P3,590 P2,000 P1,480 P2,000 Direct labor 2,700 1,500 1,000 1,200 Applied overhead 2,160 1,200 800 Total cost P8,450 P4,700 P3,280 960 P4,160 Job status Finished In process In process In process Cost Accounting- Basic Concepts and the Job Order Cost Cycle Problem 1-19 continued 79 On April 30, finished goods contained only Jobs 204 and 207, which had the following total costs. Direct materials Direct labor Applied overhead Total cost Job 204 Job 207 P2,970 P2,450 2,200 1,900 1,760 1,520 P6,930 P5,870 Besides working on Jobs 204 and 207 in April, Tuason continued work on Jobs 202 and 203 and started work on Jobs 205 and 206. A summary of direct mate- rials used and direct labor hours worked on Jobs 202, 203, 205, and 206 during April showed the following: Direct materials Direct labor hours Job 202 P1,250 100 Job 203 Job 205 Job 206 P555 75 P2,500 105 P1,980 50