Total cost of completed Job= Direct materials+Direct labor+Manufacturing overhead applied
= $120000+180000+110000= $410000
Total cost of goods sold= (Total cost of completed Job/Number of units produced)*Number of units sold
= ($410000/8000)*6000= $307500
Cost of finished goods on hand= Total cost of completed Job-Total cost of goods sold
= $410000-307500
= $102500
So, the answer is option B) $102500
0 m CALCULATOR PRINTER VERSION BACK NEXT Multiple Choice Question 76 The following information is available...
BACK Multiple Choice Question 77 Sunland Company completed Job No. B14 during 2019. The job cost sheet listed the following: Direct materials $110000 Direct labor $100000 Manufacturing overhead applied $80000 Units produced 2000 units Units sold 1800 units How much is the cost of the finished goods on hand from this job? $332000 $ 29000 $290000 $261000
Current Attempt in Progress The following information is available for completed Job No. 402: Direct materials. $20000; direct labor, $80000; manufacturing overhead applied $10000; units produced, 8000 units; units sold, 6000 units. The cost of the finished goods on hand from this job is $25000 O $110000 $27500. $82500 Save for Later Attempts: 0 of 1 used Submit Answer MacBook Air esc 2 3 % 5 &
the cost of the finished goods on hand from this job is? View Policies Current Attempt in Progress The following information is available for completed Job No. 402: Direct materials, $20000; direct labor, $80000; manufacturing overhead applied, $10000; units produced, 8000 units; units sold, 6000 units. The cost of the finished goods on hand from this job is $82500. $25000 $110000. $27500 Save for Later
CALCULATOR PRINTER VERSION BACK NEXT Multiple Choice Question 102 Concord Corporation is preparing its direct labor budget for May. Projections for the month are that 600 units are to be produced and that direct bor time is three hours per unit. If the labor cost per hour is $10, what is the total budgeted direct labor cost for May 000000 1023000 1038000 1008000 Click if you would like to show Work for this questioni Don Shower
--/1 Question 32 View Policies Current Attempt in Progress The following information is available for completed Job No. 402: Direct materials, $220000; direct labor, $280000; manufacturing overhead applied, $210000; units produced, 5000 units; units sold, 3000 units. The cost of the finished goods on hand from this job is $426000 $710000. $200000. $284000. Save for Later Attempts: 0 of 1 used 1 used Submit Answer Sulimit Answer Send to Gradebook
•The following information is available for completed Job No. 402: Direct materials, $80,000; direct labor, $120,000; manufacturing overhead applied, $60,000; units produced, 5,000 units; units sold, 4,000 units. The cost of the finished goods on hand from this job is
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Veyyalul Mallaydilal ACCOUNY, UE CALCULATOR MESSAGE MY INSTRUCTOR STANDARD VIEW PRINTER VERSION BACK Exercise 2-6 (Video) (Part Level Submission) A job cost sheet of Sandoval Company is given below. 469 2.500 JOB NO. ITEM FOR 7/2 Job Cost Sheet Quantity White Lion Cages Date Requested Todd Company Date Completed Direct Direct Materials Labor 800 900 7/31 Manufacturing Overhead Date 7/10 400 500 375 300 1,600 1,575 600 750 Cost of completed job: Direct materials Direct labor Manufacturing overhead Total cost...
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