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Question: job 1 job 2 job 3 direct materials 6000 3400...

Question details

Job 1 Job 2 Job 3

Direct Materials $6000 $3,400 $4,000

Direct Labor $1,800 $780 $600

Machine Hours 28   24   12

Direct Labor Hours 75 32 25

A predetermined overhead rate of $180 per machine hour is used to apply manufacturing overhead.

There was no beginning work-in-process inventory on March1. All three jobs were started during March. Job 2 was completed and sold during the month of March and Jobs 1 and 3 were still being worked on during the month. There was no beginning finished goods inventory balance on March 1

1.) The dollar value of ending work in process inventory March 31st would be:

2.)The dollar Value of cost of goods sold for March would be:

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