Source documents revealed the following during March: Materials Requisitions Forms $ 3,600 2,800 3,300 1,100 $...

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Source documents revealed the following during March: Materials Requisitions Forms $ 3,600 2,800 3,300 1,100 $ 10,800 The company applies overhead to products at a rate of 60 percent of direct labor cost. Required: 1. Compute the cost of Jobs 33, 34, and 35 at the end of the month. 2. Calculate the balance in the Work in Process Inventory, Finished Goods Inventory, and Cost of Goods Sold accounts at month-end. Job 33 Job 34 Job 35 Indirect Labor Time, Tickets $ 4,300 4,100 2,100 2,000 $ 12,500 Status of Job at Month-End Completed and sold Completed, but not sold In process Complete this question by entering your answers in the tabs below. Job 33 Job 34 Job 35 Required 1 Required 2 Compute the cost of Jobs 33, 34, and 35 at the end of the month. Total Manufacturing Cost Required 1 Required 2 > s Source documents revealed the following during March: Materials Requisitions Forms $ 3,600 2,800 3,300 1,100 $ 10,800 Job 33 Job 34 Job 35 Indirect Labor Time Tickets $ 4,300 4,100 2,100 2,000 $ 12,500 Status of Job at Month-End Completed and sold Completed, but not sold. In process The company applies overhead to products at a rate of 60 percent of direct labor cost. Required: 1. Compute the cost of Jobs 33, 34, and 35 at the end of the month. 2. Calculate the balance in the Work in Process Inventory, Finished Goods Inventory, and Cost of Goods Sold accounts at month-end. Work in Process Inventory Finished Goods Inventory Cost of Goods Sold Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the balance in the Work in Process Inventory, Finished Goods Inventory, and Cost of Goods Sold accounts at month- end. < Required 1 Required 2 Source documents revealed the following during March: Materials Requisitions Forms $ 3,600 2,800 3,300 1,100 $ 10,800 The company applies overhead to products at a rate of 60 percent of direct labor cost. Required: 1. Compute the cost of Jobs 33, 34, and 35 at the end of the month. 2. Calculate the balance in the Work in Process Inventory, Finished Goods Inventory, and Cost of Goods Sold accounts at month-end. Job 33 Job 34 Job 35 Indirect Labor Time, Tickets $ 4,300 4,100 2,100 2,000 $ 12,500 Status of Job at Month-End Completed and sold Completed, but not sold In process Complete this question by entering your answers in the tabs below. Job 33 Job 34 Job 35 Required 1 Required 2 Compute the cost of Jobs 33, 34, and 35 at the end of the month. Total Manufacturing Cost Required 1 Required 2 > s Source documents revealed the following during March: Materials Requisitions Forms $ 3,600 2,800 3,300 1,100 $ 10,800 Job 33 Job 34 Job 35 Indirect Labor Time Tickets $ 4,300 4,100 2,100 2,000 $ 12,500 Status of Job at Month-End Completed and sold Completed, but not sold. In process The company applies overhead to products at a rate of 60 percent of direct labor cost. Required: 1. Compute the cost of Jobs 33, 34, and 35 at the end of the month. 2. Calculate the balance in the Work in Process Inventory, Finished Goods Inventory, and Cost of Goods Sold accounts at month-end. Work in Process Inventory Finished Goods Inventory Cost of Goods Sold Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the balance in the Work in Process Inventory, Finished Goods Inventory, and Cost of Goods Sold accounts at month- end. < Required 1 Required 2

Answer rating: 100% (QA)

Calculation of the cost of Jobs 33 34 and 35 Job 33 Direct materials cost 3600 Direct labor cost 430... View the full answer