Fake Inc. uses a job order costing system and the following information is available from the records.the company has 3 jobs in process: 281, 282 and 283. Raw materials used 120,G00.00 Direct labor...


If job 283 is completed and transferred, how much is the total cost transferred to finished goods?


Fake Inc. uses a job order costing system and the following information is<br>available from the records.the company has 3 jobs in process: 281, 282 and<br>283.<br>Raw materials used<br>120,G00.00<br>Direct labor hour<br>8.50<br>Overhead applied based on direct labor cost<br>130%<br>Direct materials were requisitioned as follows for each job respectively:<br>30%, 25% and 25%, the balance of the requisitions were considered indirect.<br>Direct labor hours per job are 2,500, 3,100, and 4,200 respectively. indirect<br>labor is P33,000.0ther actual overhed costs totaled P36,000<br>

Extracted text: Fake Inc. uses a job order costing system and the following information is available from the records.the company has 3 jobs in process: 281, 282 and 283. Raw materials used 120,G00.00 Direct labor hour 8.50 Overhead applied based on direct labor cost 130% Direct materials were requisitioned as follows for each job respectively: 30%, 25% and 25%, the balance of the requisitions were considered indirect. Direct labor hours per job are 2,500, 3,100, and 4,200 respectively. indirect labor is P33,000.0ther actual overhed costs totaled P36,000

Jun 09, 2022
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