Needham Company uses a job order cost system. During the month of September, the company...
80.2K
Verified Solution
Link Copied!
Question
Accounting
Needham Company uses a job order cost system. During the month of September, the company worked on three jobs. The job order cost sheets for the three jobs contained the following information at the end of September:
Job A
Job B
Job C
Beginning Balances
$
4,000
$
3,000
$
6,000
Direct Materials
1,000
1,600
2,000
Direct Labor
2,400
4,600
1,800
The company applies overhead at 120% of direct labor cost. The total cost of Job A at the end of September was:
Multiple Choice
A. $16,280.
B. $10,280.
C. $11,720.
D. $6,280.
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!