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Excellent Corporation is a job-order costing company that uses activity-based costing to apply overhead to...

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Accounting

Excellent Corporation is a job-order costing company that uses activity-based costing to apply overhead to jobs. The following overhead activities were budgeted for the year:

Activity Cost Driver Amount of driver Setups $250,000 Number of setups 5,000 Purchasing 190,000 Number of parts 18,000 Other overhead 270,000 Direct labor hours 88,000

The following information about the jobs was given for June:

Job 201 Job 202 Job 203 Job 204 Balance 6/1 $64,500 $40,200 $32,500 0 Direct materials 74,000 37,900 23,000 13,000 Direct labor 77,000 36,500 43,500 22,000 Number of setups 50 10 20 200 Number of parts 200 80 400 500 Direct labor hours 4,000 2,300 5,100 1,500

By June 30, Jobs 202 and 203 were completed and sold. The remaining jobs were still in process. The ending work in process would consist of the costs of _____. a.Job 202 and Job 203 b.Job 201, Job 202, Job 203, and Job 204 c.Job 201, Job 202, and Job 203 d.Job 201 and Job 204

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