Figure 5-5 Wright Corporation had the following information available for December 2011:
Factory overhead rate is 150 percent of direct labor costs.
Job cost sheets had the following balances:
Jobs Z3 and Z4 were not completed at the end of December.
-
Refer to Figure 5-5.What is the balance in Work-in-Process for Wright at the end of December?

Question

Figure 5-5 Wright Corporation had the following information available for December 2011:
 Factory overhead rate is 150 percent of direct labor costs.
Job cost sheets had the following balances:
 Jobs Z3 and Z4 were not completed at the end of December.
-
Refer to Figure 5-5.What is the balance in Work-in-Process for Wright at the end of December?

Quizplus · Accepted Answer

The Answer of Figure 5-5 Wright Corporation had the following information available for December 2011:
 Factory overhead rate is 150 percent of direct labor costs.
Job cost sheets had the following balances:
 Jobs Z3 and Z4 were not completed at the end of December.
-
Refer to Figure 5-5.What is the balance in Work-in-Process for Wright at the end of December?

Figure 5-5 Wright Corporation Had the Following Information Available for December