JN Corporation had only one job in process on June 1. The job had been charged with Rs.3,400 of direct materials, Rs.4,840 of direct labor, and Rs.6,292 of manufacturing overhead cost. The company assigns overhead cost to jobs using the predetermined overhead rate on the basis of direct labor cost.
During June, the following activity was recorded:
Raw materials (all direct materials):
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|
Beginning balance
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8,500
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Purchased during the month
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42,000
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Used in production
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49,500
|
Labor:
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Direct labor-hours worked during the month
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2,250
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Direct labor cost incurred
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27,520
|
Actual manufacturing overhead costs incurred
|
52,800
|
Inventories:
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Raw materials, June 30
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?
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Work in process, June 30
|
37,190
|
Work in process inventory on June 30 contains Rs.9,940 of direct labor cost.
Calculate amount of cost of manufacturing overhead at work in process, June 30,?
Extracted text: JN Corporation had only one job in process on June 1. The job had been charged with Rs.3,400 of direct materials, Rs.4,840 of direct labor, and Rs.6,292 of manufacturing overhead cost. The company assigns overhead cost to jobs using the predetermined overhead rate on the basis of direct labor cost. During June, the following activity was recorded: Raw materials (all direct materials): Beginning balance 8,500 Purchased during the month 42,000 Used in production 49,500 Labor: Direct labor-hours worked during the month 2,250 Direct labor cost incurred 27,520 Actual manufacturing overhead costs incurred 52,800 Inventories: Raw materials, June 30 Work in process, June 30 37,190 Work in process inventory on June 30 contains Rs.9,940 of direct labor cost. Calculate amount of cost of manufacturing overhead at work in process, June 30,?