Elegant Furnishings designs and builds upscale dining room tables for individual customers.On June 1,two jobs were in process: Braun with a beginning balance of $21,700; and Prince with a beginning balance of $8,790.Overhead costs are applied by using a rate of 70% of direct labour costs.Both jobs are unfinished at the end of June.Data on July costs for both jobs are as follows: $\begin{array}{lrr}
& \text { Braun } & \text { Prince } \
\text { Direct Materials } & \$ 6,100 & \$ 10,200 \
\text { Direct Labour Cost } & 2,700 & 11,000
\end{array}$ Which of the following is the total of the work-in-process account at June 30?

Question

Elegant Furnishings designs and builds upscale dining room tables for individual customers.On June 1,two jobs were in process: Braun with a beginning balance of $21,700; and Prince with a beginning balance of $8,790.Overhead costs are applied by using a rate of 70% of direct labour costs.Both jobs are unfinished at the end of June.Data on July costs for both jobs are as follows: $\begin{array}{lrr} 
& \text { Braun } & \text { Prince } \
\text { Direct Materials } & \$ 6,100 & \$ 10,200 \
\text { Direct Labour Cost } & 2,700 & 11,000
\end{array}$ Which of the following is the total of the work-in-process account at June 30?

Quizplus · Accepted Answer

The Answer of Elegant Furnishings designs and builds upscale dining room tables for individual customers.On June 1,two jobs were in process: Braun with a beginning balance of $21,700; and Prince with a beginning balance of $8,790.Overhead costs are applied by using a rate of 70% of direct labour costs.Both jobs are unfinished at the end of June.Data on July costs for both jobs are as follows: $\begin{array}{lrr} 
& \text { Braun } & \text { Prince } \
\text { Direct Materials } & \$ 6,100 & \$ 10,200 \
\text { Direct Labour Cost } & 2,700 & 11,000
\end{array}$ Which of the following is the total of the work-in-process account at June 30?

Elegant Furnishings Designs and Builds Upscale Dining Room Tables for Individual