Job A3B was ordered by a customer on September 25.During the month of September,Jaycee Corporation requisitioned $2,500 of direct materials and used $4,000 of direct labor.The job was not finished by the end of September,but needed an additional $3,000 of direct materials in October and additional direct labor of $6,500 to finish the job.The company applies overhead at the end of each month at a rate of 200% of the direct labor cost.
-What is the amount of job costs added to Work in Process Inventory during October?
A)$16,000
B)$22,500
C)$37,000
D)$26,500
E)$32,000

Question

Quizplus · Accepted Answer

The Answer of Job A3B was ordered by a customer on September 25.During the month of September,Jaycee Corporation requisitioned $2,500 of direct materials and used $4,000 of direct labor.The job was not finished by the end of September,but needed an additional $3,000 of direct materials in October and additional direct labor of $6,500 to finish the job.The company applies overhead at the end of each month at a rate of 200% of the direct labor cost.
-What is the amount of job costs added to Work in Process Inventory during October?
A)$16,000
B)$22,500
C)$37,000
D)$26,500
E)$32,000

Job A3B Was Ordered by a Customer on September 25