Question: Skip to main content Ch 02 Quiz AnswerSaved Help opens in a new windowSave & ExitSubmit Item19 1points eBookAskReferences Item 19 TB MC Qu. 02-93

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TB MC Qu. 02-93 (Static) Job A3B was ordered by a customer on...

Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation used $2,500 of direct materials and used $4,000 of direct labor. The job was not finished in September. An additional $3,000 of direct materials and $6,500 of direct labor were needed to finish the job in October. The company applies overhead at the end of each month at a rate of 200% of the direct labor cost incurred. What is the balance in the Work in Process account at the end of September relative to Job A3B?

Multiple Choice

$5,500
$11,500
$6,500
$9,500
$14,500

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