Robert Company produces pipes for concert-quality organs. Each job is unique. In April 2019, it...
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Robert Company produces pipes for concert-quality organs. Each job is unique. In April 2019, it completed all outstanding orders, and then, in May 2019, it worked on only two jobs, M1 and M2: (Click the icon to view the job information.) Direct manufacturing labor is paid at the rate of $26 per hour. Manufacturing overhead costs are allocated at a budgeted rate of $16 per direct manufacturing labor-hour. Only Job M1 was completed in May. Read the requirements Requirement 1. Compute the total cost for Job M1. Requirements Job Costs May 2019 Job M1 1. 2. 3. Calculate the total cost for Job M1. 1,000 pipes were produced for Job M1. Calculate the cost per pipe. Prepare the journal entry transferring Job M1 to finished goods. What is the ending balance in the Work-in-Process Control account? Total costs 4. Data Table Print Done Job M1 Job M2 Robert Company, May 2019 Direct materials $ 79,000 $ 58,000 Direct manufacturing labor 273,000 208,000 k Check Answer. Clear All Check Answer Print Done
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