Ask Question
30 December, 00:04

Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $3,500 of direct materials and used $5,000 of direct labor. The job was not finished by the end of September, but needed an additional $4,000 of direct materials in October and additional direct labor of $7,500 to finish the job. The company applies overhead at the end of each month at a rate of 100% of the direct labor cost. What is the amount of job costs added to Work in Process Inventory during October?

+1
Answers (1)
  1. 30 December, 00:11
    0
    Total job costs added in October $ 19,000

    Explanation:

    Computations

    Job costs added to Work in Process inventory for October

    Direct materials $ 4,000

    Direct labor $ 7,500

    Overhead at 100 % of Direct Labor costs $ 7,500

    Total job costs added in October $ 19,000
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $3,500 of direct ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers