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Question: jenkins company uses a job order cost system with overhead...

Question details

Jenkins Company uses a job order cost system with overhead applied to jobs on the basis of direct labor hours. The direct labor rate is $20 per hour, and the predetermined overhead rate is $15 per direct labor hour. The company worked on three jobs during April. Jobs A and B were in process at the beginning of April. Job A was completed and delivered to the customer. Job B was completed during April, but not sold. Job C was started during April, but not completed. The job cost sheets revealed the following costs for April:    

Job A Job B Job C
Cost of Jobs in Process, 4/1/2016 $ 12,300 $ 1,000 $
Direct Materials Used 2,300 8,600 9,900
Direct Labor 10,600 8,600 3,300
Applied Manufacturing Overhead ? ? ?

Required:
If no other jobs were started, completed, or sold, determine the balance in each of the following accounts at the end of April:

a.Work in Process $?

b.Finished Goods $?

c.Cost of Goods Sold $?

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