Solved

Billy Baroo Company Uses a Job Order Cost System

Question 99

Multiple Choice

Billy Baroo Company uses a job order cost system.The following information was found in the Work-in-Process account for the month of July. Billy Baroo Company uses a job order cost system.The following information was found in the Work-in-Process account for the month of July.   Billy Baroo applies overhead to production at a predetermined rate of 80% based on the direct labor cost.Job #23, the only job still in process at the end of July, has been charged with direct labor of $12,000.Direct material charged to Job #23 was: A) $22,400. B) $24,000. C) $27,000. D) $29,400. E) $30,400. Billy Baroo applies overhead to production at a predetermined rate of 80% based on the direct labor cost.Job #23, the only job still in process at the end of July, has been charged with direct labor of $12,000.Direct material charged to Job #23 was:


A) $22,400.
B) $24,000.
C) $27,000.
D) $29,400.
E) $30,400.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents