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Black_prince [1.1K]
3 years ago
10

Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $2,400 of dir

ect materials and used $3,900 of direct labor. The job was not finished by the end of September, but needed an additional $2,900 of direct materials in October and additional direct labor of $6,400 to finish the job. The company applies overhead at the end of each month at a rate of 100% of the direct labor cost. What is the amount of job costs added to Work in Process Inventory during October?
Business
1 answer:
Zina [86]3 years ago
7 0

Answer:

Work in process October= $15,700

Explanation:

Giving the following information:

During September, Jaycee Corporation requisitioned $2,400 of direct materials and used $3,900 of direct labor. The job was not finished by the end of September, but needed an additional $2,900 of direct materials in October and additional direct labor of $6,400 to finish the job. The company applies overhead at the end of each month at a rate of 100% of the direct labor cost.

Work in process= direct material + direct labor  + manufacturing overhead

Work in process= 2,900 + 6,400 + 6,400= $15,700

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Answer: See explanation

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You’ve observed the following returns on Crash-n-Burn Computer’s stock over the past five years: 16 percent, –5 percent, 19 perc
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