ob A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $2,800 of direct materials and used $4,300 of direct labor. The job was not finished by the end of September, but needed an additional $3,300 of direct materials in October and additional direct labor of $6,800 to finish the job. The company applies overhead at the end of each month at a rate of 150% of the direct labor cost. What is the amount of job costs added to Work in Process Inventory during October

Respuesta :

Answer:

Work in process= $20,300

Explanation:

Giving the following information:

October:

$3,300 of direct materials

$6,800 to finish the job.

The company applies overhead at the end of each month at a rate of 150% of the direct labor cost.

To calculate the cost for October, we need to allocate overhead and all  3 components.

Work in process= 3,300 + 6,800 + (6,800*1.5)

Work in process= $20,300