Business, 30.11.2019 05:31 danbat3023
Diamond design company makes custom chairs for individual customers. on september 1, there was one job in process, job 243, with a cost of $2,000. jobs 244, 245, and 246 were started during the month of september. data on costs added during the month are as follows:
job 243 job 244 job 245 job 246direct materials $9,000 $2,280 $6,700 $8,000direct labor 2,240 1,000 2,300 2,530overhead is applied to production at the rate of 60% of direct labor cost. job 245 was completed on september 14 and the client was billed at cost plus 40%. all other jobs remained in process.
calculate the balance in work-in-process on september 30.a. $15,820b. $17,717c. $30,512d. $22,875e. $32,820
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Diamond design company makes custom chairs for individual customers. on september 1, there was one j...
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