Solution-Should any overhead cost be added to job q at year

Should any overhead cost be added to job q at year end

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Reference no: EM13965463

1. Winston Company applies overhead cost to jobs on the basis of direct labor cost. Job X, which was started and completed during the current period, shows charges of $18,000 for direct materials, $10,000 for direct labor, and $15,000 for overhead on its job cost sheet. Job Q, which is still in process at year-end, shows charges of $20,000 for direct materials, and $8,000 for direct labor.

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Should any overhead cost be added to Job Q at year-end? If so, how much! Explain.

Reference no: EM13965463

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Should any overhead cost be added to job q at year end

Reference no: EM13965463

Reference no: EM13965463

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