Duke University Operations And Supply Chain Management Assignment Help - overhead applied

Question - Meyer Company uses a job order cost system with overhead applied to jobs on the basis of direct
labor hours. The direct labor rate is $20 per hour, and the predetermined overhead rate is $15 per
direct labor hour. The company worked on three jobs during April. Jobs A and B were in process at
the beginning of April. Job A was completed and delivered to the customer. Job B was completed
during April, but not sold. Job C was started during April, but not completed. The job cost sheets
revealed the following costs for April:

Job A Job B Job C
Cost of Jobs in Process, 4/1/2013 $ 11,600 $ 1,200 $ "
Direct Materials Used 1,600 7,200 7,800
Direct Labor 9,200 7,200 2,600
Applied Manufacturing Overhead ? ? ?


Req ...Read More uired:
If no other jobs were started, completed, or sold, determine the balance in each of the following
accounts at the end of April:

a. W ork in Process____ b. Finished Goods_____ c. COGS_____ ...Read Less

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