Question

# Br3-Pf Company uses a job-order costing system and applies overhead costs to jobs using a plant-wide...

```Br3-Pf Company uses a job-order costing system and applies
overhead costs to jobs using a plant-wide rate of 90% of
direct materials cost. Br3-Pf Company began work on four
jobs during June. Information related to the four jobs
appears below:

Job #1       Job #2
direct materials ..............    \$5,800       \$7,500
direct labor ..................    \$7,300       \$6,300

Job #3       Job #4
direct materials ..............    \$8,200       \$6,400
direct labor ..................    \$7,920       \$7,560

By the end of June, Jobs 2 and 3 had been completed while
Jobs 1 and 4 were not completed. In addition, 1,100 of the
units from Job 2 have been sold and 700 of the units from
Job 3 were sold. Assume Job 2 consisted of a total of 3,000
units and Job 3 consisted of a total of 2,000 units. The
actual overhead cost for June amounted to \$24,760. Br3-Pf
Company had no inventory of any type at June 1.

Calculate Br3-Pf Company's finished goods inventory balance
at June 30.```

 Job 2 and 3 were completed
 Job #2 Job #3 Direct materials 7500 8200 Direct labor 6300 7920 Overhead cost [ 90% * Direct materials ] 6750 7380 Total cost 20550 23500 (/) Total units 3000 2000 Cost per unit 6.85 11.75
 Job #2 Job #3 Total units 3000 2000 (-) Units sold 1100 700 Finished goods inventory units 1900 1300 (*) Cost per unit 6.85 11.75 finished goods inventory balance at June 30 13015 15275

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