Reference no: EM132868712

Question - Collegiate Publishing Inc. began printing operations on March 1. Jobs 301 and 302 were completed during the month, and all costs applicable to them were recorded on the related cost sheets. Jobs 303 and 304 are still in process at the end of the month, and all applicable costs except factory overhead have been recorded on the related cost sheets. In addition to the materials and labor charged directly to the jobs, $7,800 of indirect materials and $11,100 of indirect labor were used during the month. The cost sheets for the four jobs entering production during the month are as follows, in summary form:

Job 301 Job 302

Direct materials $10,700 $18,400

Direct labor 7,200 16,400

Factory overhead 6,192 14,104

Total $24,092 $48,904

Job 303 Job 304

Direct materials $25,900 $15,900

Direct labor 19,500 10,100

Factory overhead-Factory overhead-

Required -

1. How much work in process, factory overhead, materials for Job 301?

2. How much work much work in process is for Job 302, factory overhead, wages payable?

3. How much work much work in process is for Job 303, and factory overhead?

4. How much work much finished goods is and work in process?