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777dan777 [17]
3 years ago
8

Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $2,300 of dir

ect materials and used $3,800 of direct labor. The job was not finished by the end of the month, but needed an additional $2,800 of direct materials and additional direct labor of $6,100 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?
Business
1 answer:
ioda3 years ago
7 0

Answer: $13,700

Explanation:

Given the following :

Month of September:

Direct materials = $2300

Direct labor used = $3800

Overhead = 200% of direct labor cost incurred

Therefore September overhead :

200% × $3800

2 × $3800 = $7,600

Work in process account at the end of September :

Direct labor cost + direct material cost + overhead

$3800 + $2300 + $7600 = $13,700

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