Spalding has a job order cost system. The following debits (credits) appeared in the work...
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Accounting
Spalding has a job order cost system. The following debits (credits) appeared in the work in process account for the month of August: | ||||
| ||||
| Date | Description | Amount |
|
| Aug 1 | Opening balance | $ 11992 |
|
| Aug 31 | Direct materials | 57754 |
|
| Aug 31 | Direct labour | 30033 |
|
| Aug 31 | Manufacturing Overhead | 24026.4 |
|
| Aug 31 | To finished goods | (63513) |
|
| ||||
Job # 698, the only job still in process at the end of August has been charged with direct labour of $ 8191. What was the amount of direct materials charged to Job # 698? |
Select one:
a. $ 47551
b. $ 37358
c. $ 45549
d. $ 52101
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