Cost of jobs completed, Determined the cost of jobs

Cost of jobs completed

Assignment Help Accounting Basics

Reference no: EM13258289

The following account appears in the ledger after only part ofthe postings have been complete for January:

Work in Process

Balance, January 1 15,500

Directmaterials 86,200

Directlabor 64,300

Factoryoverhead 93,700

Jobs finished during January are summarized as follows:

Job320 57,600 Job327 26,100

Job326 75,400 Job350 94,800

Determined the cost of jobs completed.
Determine the cost of the unfinished jobs at January31.

Reference no: EM13258289

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