Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. other data: on december 1, two jobs were in proce

Other data: On December 1, two jobs were in process: Job No.154 and Job...

90.2K

Verified Solution

Question

Accounting

Other data:
On December 1, two jobs were in process: Job No.154 and Job No.155. These jobs had comblned direct materlals costs of
$7,800 and combined direct labor costs of $12,000. Overhead was applled at a rate that was 75%6 of direct labor cost
Durling December, Job Nos. 156,157, and 158 were started. On December 31, Job No.158 was unfinlshed. Thls job had
charges for direct materlals $3,040 and direct labor $3,840, plus manufacturing overhead. All Jobs, except for Job No.158,
were completed In December.
On December 1, Job No.153 was In the finlshed goods warehouse It had a total cost of $4,000. On December 31, Job No.157
was the only finlshed job that was not sold It had a cost of $3,200.
Manufacturing overhead was $1,176 underapplled in December.
Llst the letters (a) through (m) and Indicate the amount pertalning to each letter.
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

in the early 1980’s, epidemiologiests recognized that AIDS occured most frequently among men who had sex with...

Medical Sciences
1.2K views

How do golmeruli contribute to renal function in vertebrates?

Physics
1.2K views

Consider two concentric spherical shell s S1 and S2 with radii R and 2R respecti...

Statistics
1.2K views

Why does margin of error have no relevance for confidence interval estimates of o or...

Calculus
1.2K views

Solve the inequality analytically writing the solution set in interval n 10 4x 72 5x...

Calculus
1.2K views

The graph of the function f y is HAP Click to see an enlarged version...

Accounting
1.2K views

For each of the following independent cases (A-D), compute the missing...

Accounting
1.2K views

Journalize all entries required for Endurance Running Shoes. 9-23...

Accounting
1.2K views

in which liability account would you find the amount of a short term promissory note...

Accounting
1.2K views

It is obvious that M&S Turkey has a serious positioning problem. What should be the...

Accounting
1.2K views

Question 5 7 Marks The results of substantive testing of sales invoices at Mahoney Limited...

Accounting
1.2K views

J-Matt, Inc., had pretax accounting income of $309,000 and taxable income of $345,000 in 2016....