Question

Current Attempt in Progress Marigold Corp.completed Job No. B14 during 2017. The job cost sheet listed the following: Direct materials Direct labor Manufacturing overhead applied Units produced $60000 $50000 $30000 4000 units Units sold 2800 units How much is the cost of the finished goods on hand from this job? $42000 $106000 $140000 $98000 Save for Later Attempts: 0 F ODO F5 DIL

Answer 1

Anwen! on hand from the Jobs Calculation of the cost of the finished goods Formulo, in hand x Perunit Cost. cloring Stock or stock of finished good in Pen vist cost of goods manufactured = Direct materials t Disut laboy & Manu- coot coot OH Unüt procluced $ 60000+ $50000 + 30000 yooo $140,000 = 4000 $35 per unit Nunt prodused - wnit sold Stocks elsong YoDo 2800 1200 unchs on hand cost of finished goods 1200 units & $35 pa nuit $42000 Amoen.