Techuxia Corporation worked on four jobs during October: Job A256, Job A257, Job A258, and...
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Accounting
Techuxia Corporation worked on four jobs during October: Job A256, Job A257, Job A258, and Job A260. At the end of October, the job cost sheets for these jobs contained the following data:
Job A256
Job A257
Job A258
Job A260
Beginning balance
$
910
$
590
$
0
$
0
Charged to the jobs during October:
Direct materials
$
2,770
$
3,990
$
1,540
$
3,680
Direct labor
$
1,130
$
920
$
550
$
390
Manufacturing overhead applied
$
4,220
$
1,850
$
3,142
$
550
Units completed
210
0
109
0
Units in process at the end of October
0
315
0
250
Units sold during October
152
0
53
0
Jobs A256 and A258 were completed during October. The other two jobs had not yet been completed at the end of October. There was no finished goods inventory on October 1.
In October, overhead was underapplied by $1,250. The company adjusts its cost of goods sold every month for the amount of the underapplied or overapplied overhead.
Required:
Using the indirect method, what is the cost of goods sold for October?
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