Question

Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $2,200 of direct materials and used $3,700 of direct labor. The job was not finished by the end of the month, but needed an additional $2,700 of direct materials and additional direct labor of $6,200 to finish the job in October. The company applies overhead at the end of each month at a rate of 150% of the direct labor cost incurred. What is the total cost of the job when it is completed in October? Multiple Choice 0 $26,800 0 $14,800 0 $21,900 0 $18,200 0 $29,650

Answer 1

	Cell Reference	Particulars	September	October	Total cost
	A	Direct Material	2,200	2,700	4,900
	B	Direct labor	3,700	6,200	9,900
	C=B*150%	Overhead @150% of direct labor	5,550	9,300	14,850
		Total Cost	11,450	18,200	29,650
		The answer is last option $ 29,650