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:

Question

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:

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The Answer of 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:

Billy Baroo Company Uses a Job Order Cost System