Question

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

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