A company that uses job order costing reports the following information. Overhead is applied at...
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A company that uses job order costing reports the following information. Overhead is applied at the rate of 60% of direct materials. The company has no beginning Work in Process or Finished Goods inventories. Jobs 1 and 3 are not finished by the end of March, and Job 2 is finished but not sold by the end of March. Job 3 Direct materials used Direct labor used Job 1 $ 13,800 $ 21,800 Job 2 $ 17,800 $ 11,800 $ 6,800 $ 9,800 Determine the total dollar amount of Work in Process Inventory at the end of March. Multiple Choice $38,000. $64,560. $102,560. $50,680. $6,280
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