Business, 03.03.2020 22:54 mprjug6

Lucas Co. has a job order cost system. For the month of April, the following debits (credits) appeared in the general ledger account, work-in-process:

April
1 Balance $24,000
30 Direct materials 80,000
30 Direct labor 60,000
30 Factory overhead 54,000
30 To finished goods (200,000)
Lucas applies overhead to production at a predetermined rate of 90% based on direct labor cost. Job No. 100, the only job still in process at the end of April, has been charged with factory overhead of $4,500. The amount of direct materials charged to Job No. 100 was

A) $4,500.
B) $18,000.
C) $5,000.
D) $8,500.

Answers: 3

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Lucas Co. has a job order cost system. For the month of April, the following debits (credits) appear...

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