Job cost sheet, accounting, Basic Statistics

Manchester Custom Fabricating Company uses a job order system. At the beginning of May, Manchester had two jobs in process, Job #22 (DM = $600 and DL = $780), and Job #23 (DM = $750 and DL = $400). Manufacturing Overhead was also applied per the POR rate of 125% of DL$. The POR rate is for the entire year.
Job #23 was finished during May. An additional $1250 in material costs and $850 in labor costs were added during May to complete the job.
Job #24 was started but not finished in May. In May, material costs were $1,250 and labor costs were $1450
Job #22 will be finished in early June. An additional $950 in material costs and $750 in labor costs were added during May
What is Manchester’s ending WIP balance and cost of goods manufactured for May?

Posted Date: 2/6/2012 6:41:23 AM | Location : United States







Related Discussions:- Job cost sheet, accounting, Assignment Help, Ask Question on Job cost sheet, accounting, Get Answer, Expert's Help, Job cost sheet, accounting Discussions

Write discussion on Job cost sheet, accounting
Your posts are moderated
Related Questions
What are the uses of arithmetic mean?

An audit of the accounting records of Loch Ness Ltd. for the year ending 30 June 2012 discovered that the ending inventory balance was over-valued by $35,000. Upon further investig

Short-Term Credit Decision In no more than one typed page, provide a statement of your decision to lend or not lend to this company based on your interpretation of the company

How do you prepare the budget balance sheet?

I have a regression analysis assignment using minicab, but I am not sue how to do with my current data set?

Background: There was no 2004-05 National Hockey Leagues (NHL) season because of a labour dispute between the players and the teams. One of the outcomes of the labour dispute was

comprehensive problem 1 chapter4


what is the largest coefficient of (1+3x)^4 is ?

Authorized travel period Then period when the visitor is in authorized travel position away from the established stop and established property. Talk about OFFICIAL STATION, OFFIC