Mary's Landscaping uses a job order cost system. The following debits (credits) appeared in Work-in-Process Inventory...
Mary's Landscaping uses a job order cost system. The following debits (credits) appeared in Work-in-Process Inventory for August:
| Description | Amount | |||
| August 1 | Balance | $ | 13,700 | |
| For the month | Direct materials | 81,100 | ||
| For the month | Direct labor | 54,800 | ||
| For the month | Factory overhead | 46,032 | ||
| For the month | To finished goods | ( | 161,800 | ) |
Mary's applies overhead to production at a predetermined rate of 84 percent based on direct labor cost. Job 3318, which was started during August and is the only job still in process at the end of August, has been charged direct labor of $6,100.
Required:
What cost amount of direct materials was charged to Job 3318?
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Mary's Landscaping uses a job order cost system. The following
debits (credits) appeared in Work-in-Process Inventory...
Mary's Landscaping uses a job order cost system. The following debits (credits) appeared in Work- in-Process...
Mary's Landscaping uses a job order cost system. The following debits (credits) appeared in Work- in-Process Inventory for August: August 1 For the month For the month For the month For the month Description Balance Direct materials Direct labor Factory overhead To finished goods Amount $ 12,500 81,000 54,000 43,200 (162,000) Mary's applies overhead to production at a predetermined rate of 80 percent based on direct labor cost. Job 3318, which was started during August and is the only job...
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Mary's Landscaping uses a job order cost system. The following debits (credits) appeared in Work- in-Process Inventory for August: August 1 For the month For the month For the month For the month Description Balance Direct materials Direct labor Factory overhead To finished goods Amount $ 12,500 81,000 54,000 43,200 (162,000) Mary's applies overhead to production at a predetermined rate of 80 percent based on direct labor cost. Job 3318, which was started during August and is the only job...
Howard Corporation has a job order costing system. The following debits (credits) appear in the firm's work in process account for the month of June: $12 000 $40 000 $30 000 June 1, Balance June 30, Direct materials June 30, Direct labour June 30, overhead applied$27 000 June 30, to finished goods($100 000) Overhead is applied at 90 per cent of direct labour cost. There is only one job still in process at the end of June, and this job...
d overhead ek in Process 39. MK Company uses a job order costing system and applies overhead to jobs at a predetermined a 45% of direct labor cost. For the month of July, the following debits (credits) were in the Work in Pa account: $40,000 Beginning balance Direct materials 200,000 Direct labor 160,000 Manufacturing overhead 72,000 Cost of goods manufactured (438,000) Job A300, the only job in process at the end of July, was charged with manufacturing overhead of $9,000....
(4 points) Billy Baroo Company uses a job order cost system. The following information was found in the Work-in-Process account for the month of July. Date Description Amount July 1 Balance $12,000 July 2-29 Direct labor 38,000 July 2-29 Direct Materials 52,000 July 2-29 Factory overhead 30,400 July 31 Transfer to finished goods (80,000) Billy Baroo applies overhead to production at a predetermined rate of 80% based on the direct labor cost. Job #23, the only job still in process...
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