What are the total costs for each job

Assignment Help Accounting Basics

Reference no: EM132215385

Question - Brandt Company produces unique metal sculptures. On September 1, three jobs were in process with the following costs:

	Job 35	Job 36	Job 37
Direct materials	$300	$280	$475
Direct labor	350	700	1,050
Applied overhead	420	392	665

During the month of September, two more jobs were started, Jobs 38 and 39. Materials and labor costs incurred by each job in September are as follows:

	Materials	Direct Labor
Job 35	$400	$300
Job 36	150	200
Job 37	260	150
Job 38	800	650
Job 39	760	700

Jobs 36 and 39 were completed and sold by September 30

Required -

1) What are the total costs for each job (35-39) and in total during September?

2) What are the WIP & COGS balances as of September 30?

Reference no: EM132215385

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