Jobless Corporation has a job order cost system. The following debits (redits) appeared in the general ledger account work-in-process for the month of June: Jun-01 Balance 12,000.00 Jun-30 ,direct...


What was the amount of direct materials charged to Job 17 as at the end of June?


Jobless Corporation has a job order cost system. The following debits<br>(redits) appeared in the general ledger account work-in-process for the<br>month of June:<br>Jun-01 Balance<br>12,000.00<br>Jun-30 ,direct materials<br>40,000.00<br>Jun-30 ,direct labor<br>30,000.00<br>Jun-30 ,factory overhead<br>Jun-30 ,to finished goods<br>27,000.00<br>(100,000.00)<br>Jobless applies factory overhead to production at a predetermined rate of<br>90% based on the direct labor cost. Job 17, the only job still in process at the<br>end of June has been charged with factory overhead of P2,250<br>

Extracted text: Jobless Corporation has a job order cost system. The following debits (redits) appeared in the general ledger account work-in-process for the month of June: Jun-01 Balance 12,000.00 Jun-30 ,direct materials 40,000.00 Jun-30 ,direct labor 30,000.00 Jun-30 ,factory overhead Jun-30 ,to finished goods 27,000.00 (100,000.00) Jobless applies factory overhead to production at a predetermined rate of 90% based on the direct labor cost. Job 17, the only job still in process at the end of June has been charged with factory overhead of P2,250

Jun 09, 2022
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