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Elegant Furnishings Designs and Builds Upscale Dining Room Tables for Individual

Question 92

Multiple Choice

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:  Braun  Prince  Direct Materials $6,100$10,200 Direct Labour Cost $2,700$11,000\begin{array}{lll}&\text { Braun }&\text { Prince }\\\text { Direct Materials } & \$ 6,100 & \$ 10,200 \\\text { Direct Labour Cost } & \$ 2,700 & \$ 11,000\end{array} What is the total of the Work-in-Process Inventory account at June 30?


A) $28,000
B) $37,590
C) $58,490
D) $70,080

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