Perry Company employs a job-order costing system.Only three jobs-Job #205,Job #206,and Job #207-were worked on during January and February.Job #205 was completed February 10;the other two jobs were still in production on February 28,the end of the company's operating year.Job cost sheets on the three jobs follow:

Job Cost Sheet

Job #205 Job #206 Job #207

January costs incurred:

Direct material $16,500 $ 9,300 $ —

Direct labor 13,000 7,000 —

Manufacturing overhead 20,800 11,200 —

February costs incurred:

Direct materials — 8,200

Direct labor 4,000 6,000

Manufacturing overhead ? ? ?

Question

Perry Company employs a job-order costing system.Only three jobs-Job #205,Job #206,and Job #207-were worked on during January and February.Job #205 was completed February 10;the other two jobs were still in production on February 28,the end of the company's operating year.Job cost sheets on the three jobs follow:

	Job Cost Sheet
	Job #205	Job #206	Job #207
January costs incurred:
Direct material	$16,500	$ 9,300	$ —
Direct labor	13,000	7,000	—
Manufacturing overhead	20,800	11,200	—

February costs incurred:
Direct materials	—	8,200
Direct labor	4,000	6,000
Manufacturing overhead	?	?	?

Quizplus · Accepted Answer

The Answer of Perry Company employs a job-order costing system.Only three jobs-Job #205,Job #206,and Job #207-were worked on during January and February.Job #205 was completed February 10;the other two jobs were still in production on February 28,the end of the company's operating year.Job cost sheets on the three jobs follow:

	Job Cost Sheet
	Job #205	Job #206	Job #207
January costs incurred:
Direct material	$16,500	$ 9,300	$ —
Direct labor	13,000	7,000	—
Manufacturing overhead	20,800	11,200	—

February costs incurred:
Direct materials	—	8,200
Direct labor	4,000	6,000
Manufacturing overhead	?	?	?

Perry Company Employs a Job-Order Costing System