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Determine the cost of the unfinished jobs at january

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Reference no: EM132571643

The following account appears in the ledger prior to recognizing the jobs completed in January:

Work in Process Balance, January 1 $16,040

Direct materials 130,410

Direct labor 140,670

Factory overhead 73,940

Jobs finished during January are summarized as follows:

Job 210 $64,990

Job 216 39,720

Job 224 75,820

Job 230 137,200

Question a. Journalize the entry to record the jobs completed.

Question b. Determine the cost of the unfinished jobs at January 31.

Reference no: EM132571643

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