Turco Products uses a job order cost system. The following debits (credits) appeared in Work-in-Process...
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Accounting
Turco Products uses a job order cost system. The following debits (credits) appeared in Work-in-Process Inventory for September:
Description
Amount
September 1
Balance
$
27,400
For the month
Direct materials
162,400
For the month
Direct labor
101,500
For the month
Factory overhead
85,260
For the month
To finished goods.
(
318,100
)
Turco applies overhead to production at a predetermined rate of 84 percent based on direct labor cost. Job 9-27, the only job still in process at the end of September, has been charged direct labor of $13,000.
Required:
What cost amount of direct materials was charged to Job 9-27?
Direct materials
Answer & Explanation
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