Question: The Samuelson Company uses a job-order costing system. Overhead is charged to production at 70% of the direct materials cost. Jobs 475, 477, and 478

The Samuelson Company uses a job-order costing system. Overhead is charged to production at 70% of the direct materials cost. Jobs 475, 477, and 478 have been delivered to the customer. Based on the following data for June, what was Samuelson's Work in Process inventory balance on June 30? Added During June Job Number Work in process Inventory, June 1 Direct materials Direct labour 475 $1,000 $400 $200 476 $900 $600 $800 477 $800 $900 $1,400 478 $600 $1,000 $1,900 Question 4Select one: a. $2,720 cross out b. $2,860 cross out c. $2,300 cross out d. $6,450

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