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The following information pertains to Sigma Company for September:

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The following information pertains to Sigma Company for September;Direct Material Direct Labor Overhead;Job #323 $3,200 $4,500?;Job #325? 5,000?;Job #401 5,670? $5,550;Sigma Company applies overhead for Job #323 at 140 percent of direct labor cost and at 150 percent of direct labor cost for Jobs #325 and #401. The total cost of Jobs #323 and #325 is identical.;a. What amount of overhead is applied to Job #323?;b. What amount of overhead is applied to Job #325?;c. What is the amount of direct materials for Job #325?;d. Assume that Jobs #323 and #401 are incomplete at the end of September. What is the balance in Work in Process Inventory at that time?

 

Paper#26478 | Written in 18-Jul-2015

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