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 What is the total cost assigned to Job 265?

Barefoot Running Company's in-process inventory of work on June 1 has a balance of $22,700 representing Job #265. During June, $50,100 of direct materials was requested for Job 265 and the direct labor cost of $35,900 was Job No. 265. Manufacturing overheads are allocated at the rate of 115% of the direct labor cost. Actual overall production costs incurred in June amounted to $41,300. No new employment was started during the month of June. Work No. 265 was completed on 28 June.

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Total cost assigned to Job no 265 149985 Beginning wor... View the full answer