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Job order costing, accounting, Basic Statistics
Bedovin company manufactures office tables and chairs using job order costing. The data given below were taken from the records as of April 30, the first month of operations.
Job no. materials direct labor hours directlabor cost
121  2,160 650 800
122  4,575 1850 3625
123 5,637 4100 7162.50
124 1,612 750 1400
125 3,250 1600 3,050
126 1,375 490  825
In april, jobs no. 121, 122 and 125 were completed, job nos. 124 and 125 were sold for 6,200 and 15,200 respectively. overhead is applied at a rate of 1.50 per direct labor, actual factory overhead for april amounted to 15,175.00
what is the total cost of goods manufactured for the month?
what is the gross profit for the month?
Posted Date: 2/17/2012 6:24:07 AM  Location : United States
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