Alana Company worked on three jobs during the month of September. These costs were as...
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Accounting
Alana Company worked on three jobs during the month of September. These costs were as follows:
Job No. 4 Job No. 5 Job No. 6
Direct materials $46,000 $24,000 $62,000
Direct labor $80,000 $74,000 $40,000
Machine hours 2,400 1,600 2,000
Alana uses a predetermined overhead rate of $20 per machine hour to apply overhead.
All three jobs were started during September. Job No. 5 and Job No. 6 were completed during the month, and Job No. 5 was sold on September 20. Job 4 had not been completed as of the end of the month.
There were no beginning inventory balances.
Alanas cost of goods sold for September would be
Group of answer choices
$130,000
$344,000
None of the answers are correct.
$132,000
$170,000
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