Under Pick Co.'s job order costing system,manufacturing overhead is applied to Work-in-Process using a predetermined annual overhead rate.During January,Pick's transactions included the following: Pick had neither beginning nor ending inventory in Work-in-Process Inventory.What was the cost of jobs completed in January? (CPA adapted)

Question

Under Pick Co.'s job order costing system,manufacturing overhead is applied to Work-in-Process using a predetermined annual overhead rate.During January,Pick's transactions included the following:  Pick had neither beginning nor ending inventory in Work-in-Process Inventory.What was the cost of jobs completed in January? (CPA adapted)

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The Answer of Under Pick Co.'s job order costing system,manufacturing overhead is applied to Work-in-Process using a predetermined annual overhead rate.During January,Pick's transactions included the following:  Pick had neither beginning nor ending inventory in Work-in-Process Inventory.What was the cost of jobs completed in January? (CPA adapted)