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Job A3B was ordered by a customer on September 25. During the month of September, Jaycee...

Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $3,300 of direct materials and used $4,800 of direct labor. The job was not finished by the end of the month, but needed an additional $3,800 of direct materials and additional direct labor of $8,100 to finish the job in October. The company applies overhead at the end of each month at a rate of 200% of the direct labor cost incurred. What is the balance in the Work in Process account at the end of September relative to Job A3B?

Multiple Choice

  • $11,900

  • $17,700

  • $7,100

  • $12,900

  • $8,100

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Answer #1

Correct answer-------------$17,700

Working

Direct material Direct labor Overhead applied (4800 x 200%) Total
Beginning Wip cost $             3,300.00 $             4,800.00 $             9,600.00 $           17,700.00
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