Question
Use the information for the next questions. DO NOT erase your work until you finish all questions.
Swanson Therapeutics manufactures antifatigue floor mats that provide extra cushion and support for people who spend a lot of time on their
feet. The mats can be used in industrial, retail, office, and home environments. A growing area of use is for people who have chosen to use a
standing desk in their office.
Swanson uses a job order costing system to accumulate product costs and applies overhead to its jobs using machine hours as the application
base. For the current year, the company budgeted $ in manufacturing overhead and planned to use machine hours,
resulting in a predetermined overhead rate of $ machine hour.
The table below summarizes production and sales activity for the month of March. Jobs and were the only new jobs started during
March. Jobs and were completed during March.
HINT: Create a separate T account for EACH job
Calculate the total cost as of March for each of the jobs worked on in March. ROUND YOUR ANSWERS TO WHOLE DOLLARS ### DO
NOT INCLUDE A $ IN YOUR ANSWER.
