Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $2,500 of direct materials and used $4,000 of direct labor. The job was not finished by the end of the month, but needed an additional $3,000 of direct materials and additional direct labor of $6,500 to finish the job in October. The company applies overhead at the end of each month at a rate of 200% of the direct labor cost incurred.
-What is the total cost of the job when it is completed in October?
A) $16,000
B) $32,000
C) $22,500
D) $37,000
E) $26,500
Correct Answer:
Verified
Q90: Job order production is also known as:
A)
Q91: Large aircraft producers such as the Boeing
Q92: The target cost for a job using
Q93: A document in a job order costing
Q94: Job A3B was ordered by a customer
Q96: Job A3B was ordered by a customer
Q97: A perpetual record of a raw materials
Q98: The job order cost sheets used
Q99: Omega Contractors manufactures each house to customer
Q100: A job order costing system would best
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents