Question: TIMED TASK Gamma Co. uses a job-order costing system. At the beginning of January, the company had two jobs in process with the following costs:

TIMED TASK

TIMED TASK Gamma Co. uses a job-order costing system. At the beginning

Gamma Co. uses a job-order costing system. At the beginning of January, the company had two jobs in process with the following costs: Direct Material Direct Labor Overhead Job #456 P3,400 P510 P255 Job #461 1,100 289 ? Gamma pays its workers P8.50 per hour and applies overhead on a direct labor hour basis. Refer to Gamma Company. How much overhead was included in the cost of Job #461 at the beginning of January? P2,200.00 P 144.50 P2,456.50 P 153.00

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