Question: Solve everything that is required. Problem Number 3. The following data relates to the Aahil & co. for the month of June 2013. Company using

Solve everything that is required. Solve everything that is required. Problem Number 3. The following data relates

Problem Number 3. The following data relates to the Aahil & co. for the month of June 2013. Company using job order costing system Job Numbers Direct Material Direct Labor FOH 1 30000 50000 35000 2 20000 40000 30000 3 30000 25000 25000 10000 4 15000 10000 Job No. 1, 2 and Job No. 3 were completed. Job No 2 was sold 45% above the cost Required: Calculate the following requirements. a. COM b. WIP ending C. COGS d. FG ending e. Gross profit f. Selling price

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