Matt, Inc., a toy manufacturing company uses job order cost system. The time tickets from September jobs are summarized below.
$\begin{array}{ll}
\$ 3,500 & \text { Job } 100 \
1,800 & \text { Job } 101 \
1,200 & \text { Job } 102 \
2,800 & \text { Job } 103 \
1,700 & \text { Factory supervision }
\end{array}$ Factory overhead is applied to jobs on the basis of a predetermined overhead rate of $25 per direct labor hour. The direct labor rate is $30 per hour.
a. Determine the total factory labor costs transferred to Work in Process and Factory Overhead for September.
b. Determine the amount of factory overhead applied to production for September.

Question

Matt, Inc., a toy manufacturing company uses job order cost system. The time tickets from September jobs are summarized below.
 $\begin{array}{ll}
\$ 3,500 & \text { Job } 100 \
1,800 & \text { Job } 101 \
1,200 & \text { Job } 102 \
2,800 & \text { Job } 103 \
1,700 & \text { Factory supervision }
\end{array}$ Factory overhead is applied to jobs on the basis of a predetermined overhead rate of $25 per direct labor hour. The direct labor rate is $30 per hour.
a. Determine the total factory labor costs transferred to Work in Process and Factory Overhead for September.
b. Determine the amount of factory overhead applied to production for September.

Quizplus · Accepted Answer

The Answer of Matt, Inc., a toy manufacturing company uses job order cost system. The time tickets from September jobs are summarized below.
 $\begin{array}{ll}
\$ 3,500 & \text { Job } 100 \
1,800 & \text { Job } 101 \
1,200 & \text { Job } 102 \
2,800 & \text { Job } 103 \
1,700 & \text { Factory supervision }
\end{array}$ Factory overhead is applied to jobs on the basis of a predetermined overhead rate of $25 per direct labor hour. The direct labor rate is $30 per hour.
a. Determine the total factory labor costs transferred to Work in Process and Factory Overhead for September.
b. Determine the amount of factory overhead applied to production for September.

Matt, Inc, a Toy Manufacturing Company Uses Job Order Cost System