Question: PROBLEM 3: BE SAFE CORP uses job order costing system and the following information is given. The company has threejobs in process: Job No. 1,

PROBLEM 3: BE SAFE CORP uses job order costing
PROBLEM 3: BE SAFE CORP uses job order costing system and the following information is given. The company has threejobs in process: Job No. 1, Job No. 2 and Job No. 3 Raw materials used 840,000 Direct labor per hour 8.50 FOH applied based on DL cost 120% Direct materials was reouisitioned as follows for each Job: 30%, 25% and 25% respectively and the balance is for indirect materials. Direct labor hours per job are 12,500; 21,?00 and 29,400, respectively. Indirect labor cost incurred is P231,000. Other actual FOH cost incurred totaled P252,000. a) What are the total prime costs of Job No. 1? hi What is the total factory overhead applied to Job No. 2? cl What is the total amount of actual FOH incurred? d) What is the amount of the factory overhead applied to process? e) If Job No. Sis completed and transferred, what is the balance 0f work-in-process at the end of the period

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