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nignag [31]
2 years ago
10

Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $1,800 of dir

ect materials and used $3,300 of direct labor. The job was not finished by the end of the month, but needed an additional $2,300 of direct materials and additional direct labor of $5,100 to finish the job in October. The company applies overhead at the end of each month at a rate of 200% of the direct labor cost incurred. What is the balance in the Work in Process account at the end of September relative to Job A3B? Multiple Choice $7,400 $11,700 $4,100 $8,400
Business
1 answer:
-Dominant- [34]2 years ago
5 0

Answer:

$11,700

Explanation:

The computation of the balance in the work in process at the end of the month is shown below:

= Direct material cost + direct labor cost + manufacturing overhead cost percentage of direct labor cost

= $1,800 + $3,300 + $3,300 × 200%

= $1,800 + $3,300 + $6,600

= $11,700

We simply added the direct material cost, direct labor cost and the manufacturing overhead cost so that the ending balance could arrive

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he 12-month period that ends when a company's activities are at their lowest point is called the:(A) Fiscal year.(B) Calendar ye
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4 0
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r=Interest rate

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6 0
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