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  3. the donaldson company uses a job-order cost system

The Donaldson Company uses a job-order cost system. On June 1st four jobs were in...

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Accounting

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The Donaldson Company uses a job-order cost system. On June 1st four jobs were in process. The total of costs incurred by each job as of June 1st is stated in the below which includes direct materials, direct labor, and factory overhead. Direct materials and direct labor costs incurred in month June were as follows: June 1 Added During June Work in Process Direct Direct Job Number Inventory Materials Labor 101 $1,800 $ 500 $ 300 102 $1,200 $ 700 $ 900 103 $1,000 $1,000 $1,500 104 $ 700 $1,200 $2,000 Overhead is applied to jobs at the rate of 60 percent of direct labor cost. Jobs 101, 103, and 104 were completed during June and were transferred to finished goods. Jobs 101 and 103 have been delivered to the customer. Compute cost of goods sold in June. Example of Answer: 4000 (No comma, space, decimal point, or $ sign)

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