Work in Process

Debit:

Direct Materials. $61,000

Direct Labor $104,000

Overhead $187,200

Ending Balance $94,000

Credit:

Beginning balance $0 Transferred Out $258,200

Only Job #007 was still in process at the end of March and this job been charged with $52,000 in direct materials cost.

The amount of overhead costs applied to do #007 during March was:

$42,000

$15,000

$27,000

$52,000