Jackson Company. Jackson Company manufactures wood file cabinets.The following information is available for June of the current year.
Begining Ending

Raw material inventory $6,000 $7,500

Work in process inventory 17,300 11,700
Finished goods inventory 21,000 16,300
The direct labor rate is $9.60 per hour and overhead for the month was $9,600. Refer to Jackson Company.If there were 1,500 direct labor hours and $21,000 of raw material purchased,how much is Cost of Goods Sold?

Question

Jackson Company. Jackson Company manufactures wood file cabinets.The following information is available for June of the current year.

	Begining	Ending
Raw material inventory	$6,000	$7,500
Work in process inventory	17,300	11,700
Finished goods inventory	21,000	16,300

The direct labor rate is $9.60 per hour and overhead for the month was $9,600. Refer to Jackson Company.If there were 1,500 direct labor hours and $21,000 of raw material purchased,how much is Cost of Goods Sold?

Quizplus · Accepted Answer

The Answer of Jackson Company. Jackson Company manufactures wood file cabinets.The following information is available for June of the current year.

	Begining	Ending
Raw material inventory	$6,000	$7,500
Work in process inventory	17,300	11,700
Finished goods inventory	21,000	16,300

The direct labor rate is $9.60 per hour and overhead for the month was $9,600. Refer to Jackson Company.If there were 1,500 direct labor hours and $21,000 of raw material purchased,how much is Cost of Goods Sold?

Jackson Company. Jackson Company Manufactures Wood File Cabinets.The Following Information Is Available