How much overhead was added to all jobs during february

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Reference no: EM132216361

Question - The Granite Company uses a job-order cost system. The following data were recorded for February:

Job Number	February 1 Work in Process Inventory	Added During February
Job Number	February 1 Work in Process Inventory	Direct Materials	Direct Labor
1	$1,500	$400	$600
2	$2,000	$600	$950
3	$500	$1,000	$1,800
4	$250	$1,300	$2,100

Overhead is charged to jobs at the rate of 14.0% of direct labor cost. Jobs 1, 2, and 3 were completed during February and transferred to finished goods. Job 3 has been delivered to the customer.

How much overhead was added to all jobs during February?

How much total manufacturing costs added to all jobs during February?

How much inventory was transferred to Finished Goods during February?

How much inventory is still on the assembly line at the end of February?

How much inventory was sold to customers?

How much inventory is still in the warehouse at the end of February?

Reference no: EM132216361

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