Genius

Jacobs Inc. uses a job order costing system with manufacturing overhead

Jacobs Inc. uses a job order costing system with manufacturing overhead 



1.	Jacobs Inc. uses a job order costing system with manufacturing overhead applied to products at a rate of 100% of direct labor cost. Treating each case independently, find the missing amounts for a through l:
   
	Case#1	Case # 2	Case#3
Direct materials used	$20,000	e.	$10,000
Direct labor	$20,000	f.	i.
Manufacturing overhead applied	a.	$30,000	j.
Total manufacturing costs	b.	$80,000	$30,000
Beginning work in process	$10,000	g.	$4,000
Ending work in process	$12,000	$5,000	k.
Cost of goods manufactured	c.	$79,000	$28,000
Beginning finished goods 	$12,000	$15,000	l.
Ending finished goods	$9,000	h.	$15,000
Cost of goods sold (unadjusted)	d.	$81,000	$26,000




Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help
Answered
Other / Other
28 May 2016

Answers (1)

  1. Genius

    Jacobs Inc. uses a job order costing system with manufacturing overhead

    Jacobs Inc. uses a job order costing system with manufacturing overhead ****** ******
    To see full answer buy this answer.
    Answer Attachments

    1 attachments —

    • img
      22358016.docx

Report As Dispute

Share Your Feedback

Give Review : A+ A B C D F