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Calculate the cost of goods manufactured for February. Do not use decimals in your answer.

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Question 9 options;Betty DeRose, Inc. uses job order costing. Manufacturing overhead is applied to jobs using a PDR;of 140% of direct labor cost. Additional information is as follows;a. Job #101 was the only job in process at February 1 with costs;as follows;Direct materials..................... $ 4,000;Direct labor......................... 2,000;Applied overhead..................... 2,800;Total............................. $ 8,800;b. Jobs 102,103 and 104 were started during February;c. Direct materials used during February totaled $26,000;d. Direct labor costs of $20,000 were incurred in February;e. Actual overhead costs incurred during February totaled $32,000;f. The only job still in process at February 28 was Job #104 with;costs of $2,800 for direct materials and $1,500 for direct labor;Calculate the cost of goods manufactured for February. Do not use decimals in your answer.

 

Paper#23830 | Written in 18-Jul-2015

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