Solution
Cost per unit JobA256 = ($1,100 + $2,860 + $1,150 + $2,306) / 206 = $36
Cost per unit JobA258 = ($1,580 + $550 + $2,616) / 113 = $42
1. Cost of goods sold = (153 X $36) + (67 X $42) - $1,390 = $6,932
Finished goods JobA256= 206 - 153 = 53
Finished goods JobA258 = 113 - 67 = 46
2. Total value of finished goods = (53 X $36) + (46 X $42) = $3,840
3.Total value of work in process = Cost of JobA257 & JobA260
= $580 + $4,050 + $830 + $1,780 + $3,770 + $330 + $560
= $11,900
Techuxia Corporation worked on four jobs during October: Job A256, Job A257, Job A258, and Job...
Techuxia Corporation worked on four jobs during October: Job
A256, Job A257, Job A258, and Job A260. At the end of October, the
job cost sheets for these jobs contained the following data:
Techuxia Corporation worked on four jobs during October: Job A256, Job A257, Job A258, and Job A260. At the end of October, the job cost sheets for these jobs contained the following data: Job A256 Job A257 Job A258 Job A260 $ 1,070 $ 630 $ $...
Techuxia Corporation worked on four jobs during October: Job
A256, Job A257, Job A258, and Job A260. At the end of October, the
job cost sheets for these jobs contained the following data:
Techuxia Corporation worked on four jobs during October: Job A256, Job A257, Job A258, and Job A260. At the end of October, the job cost sheets for these jobs contained the following data: Job A256 Job A257 Job A258 Job A260 $ 1,020 $ 680 $ 0...
Techuxia Corporation worked on four jobs during October: Job A256, Job A257, Job A258, and Job A260. At the end of October, the job cost sheets for these jobs contained the following data: Job A256 $1,010 Job Job A257 A258 $ 670 $ 0 Job A260 $ 0 Beginning balance Charged to the jobs during October: Direct materials Direct labor Manufacturing overhead applied Units completed Units in process at the end of October Units sold during October $ 2,790 $3,900...
Techuxia Corporation worked on four jobs during October: Job A256, Job A257, Job A258, and Job A260. At the end of October, the job cost sheets for these jobs contained the following data: Job A256 Job A257 Job A258 Job A260 Beginning balance $ 1,000 $ 660 $ 0 $ 0 Charged to the jobs during October: Direct materials $ 2,800 $ 4,020 $ 1,580 $ 3,790 Direct labor $ 1,170 $ 910 $ 620 $ 320 Manufacturing overhead applied...
Techuxia Corporation worked on four jobs during October: Job A256, Job A257, Job A258, and Job A260. At the end of October, the job cost sheets for these jobs contained the following data: Job A256 Job A257 Job A258 Job A260 Beginning balance $ 1,020 $ 510 $ 0 $ 0 Charged to the jobs during October: Direct materials $ 2,800 $ 3,990 $ 1,470 $ 3,630 Direct labor $ 1,170 $ 850 $ 510 $ 360 Manufacturing overhead applied...
Techuxia Corporation worked on four jobs during October. Job A256, Job A257, Job A258, and Job A260. At the end of October, the job cost sheets for these jobs contained the following data: Job A256 Job A257 Job A258 Job A260 Beginning balance $ 970 $ 660 $ Charged to the jobs during October: Direct materials $2,820 $3,950 $1,440 $3,660 Direct labor $1,290 $ 950 $ 530 $ 360 Manufacturing overhead applied $4,616 $1,840 $3,366 $ 498 Units completed 202...
Morrow Corporation had only one job in process during May-Job X322-and had no finished goods inventory on May 1. Job X32Z was started in April and finished during May. Data concerning that job appear below: Job X322 $ 5,700 Beginning balance Charged to the job during May Direct materials Direct labor Manufacturing overhead applied Units completed Units in process at the end of May Units sold during May $ $ $ 9,000 2,700 4,700 170 0 75 In May, overhead...
Morrow Corporation had only one job in process during May-Job X322—and had no finished goods inventory on May 1. Job X32Z was started in April and finished during May. Data concerning that job appear below: Job x32Z 5,100 $ $ Beginning balance Charged to the job during May Direct materials Direct labor Manufacturing overhead applied Units completed Units in process at the end of May Units sold during May eu 8,200 2,100 4,100 100 0 45 In May, overhead was...
Morrow Corporation had only one job in process during May-Job X322—and had no finished goods inventory on May 1. Job X32Z was started in April and finished during May. Data concerning that job appear below: Job X32Z S 5,700 $ Beginning balance Charged to the job during May Direct materials Direct labor Manufacturing overhead applied Units completed Units in process at the end of May Units sold during May 9,000 2.700 4,700 170 0 75 In May, overhead was overapplied...
Morrow Corporation had only one job in process during May-Job X322—and had no finished goods inventory on May 1. Job X32Z was started in April and finished during May. Data concerning that job appear below: Job X32Z 6.000 $ $ Beginning balance Charged to the job during May Direct materials Direct labor Manufacturing overhead applied Units completed Units in process at the end of May Units sold during May 9.000 3.000 5.000 200 80 In May, overhead was overapplied by...