Question 5 5.5 pts Madtack Company uses a job-order costing system and started the month...
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Accounting
Question 5 5.5 pts Madtack Company uses a job-order costing system and started the month o March with three jobs in process. The cost of beginning work in process plus the costs added during March are shown below: Job #359 Job #360 Job #361 beginning work in process ..... $4,800 $3,500 $5,300 COSTS ADDED DURING MARCH: direct materials ........ direct labor $4,100 5,000 $3,000 3,900 $6,400 4,000 Madtack applies overhead to jobs at a rate of 80% of direct materials used. During March, Madtack completed and sold Job #361. Job #359 was also completed but was not sold by the end of March. Job #360 was not completed by the end of March. Madtack's actual overhead cost for the month of March totaled $11,500. Calculate Madtack's cost of goods manufactured for March

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