Question: Question 9 (1 point) Job # Direct Material Direct Labor 302 $ 58,400 $ 42,300 Completed 303 $ 69,000 $ 32,800 304 $ 67,600 $

Question 9 (1 point)
Job # Direct Material Direct Labor
302 $ 58,400 $ 42,300 Completed
303 $ 69,000 $ 32,800
304 $ 67,600 $ 50,400 Sold
305 $ 84,200 $ 52,700
Overhead
Depreciation $ 6,400
Indirect Labor $ 41,900
Rentals paid in cash $ 37,300
Prepaid insurance $ 7,100
Apply Overhead to jobs at the predetermined rate of 36% of direct labor costs - assume absorption costing.
What is the Cost of Goods Sold at the end of the month?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!