Verde Custom Cabinets issued $3,200 and $5,400 of direct materials into production for Jobs ABX and DFY,
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Verde Custom Cabinets issued $3,200 and $5,400 of direct materials into production for Jobs ABX and DFY, respectively. Direct labor of $2,300 was distributed to Job ABX and $3,400 to Job DFY. Factory overhead allocated to Jobs ABX and DFY was $1,700 and $4,500, respectively. Both jobs were completed, but not Job DFY was sold. The sales price was calculated using a 40% mark-on percentage.
- How much was the cost of Job DFY?
- How much was the cost of goods manufactured?
- How much was the cost of goods sold?
- How much was the sales?
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