Question

Job 83B was ordered by customer on September 25 during the month of September Jayci Corporation...

Job 83B was ordered by customer on September 25 during the month of September Jayci Corporation requisitioned $2500 of direct Materials and used $4000 of direct labor the job is not finished by the end of September but need an additional $6500 to finish the job the company applies overhead at the end of each month at a rate of 200% of the direct labor costs what is the amount of job cost added to work in process inventory during October

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Answer #1

answer: $14500

job cost added to work in process inventory during October=direct material cost at end of september + direct labor cost at end of september + manufacturing overhead for the month of september

direct material cost at end of september=$2500

direct labor cost at end of september=$4000

manufacturing overhead for the month of september=$4000*200%=$8000

job cost added to work in process inventory during October=$2500+$4000+$8000=$14500

the expense of $6500 will not be taken as it is not incurred.

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