Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $206,400 of raw...

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Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $206,400 of raw materials on cre

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Answer 1

Answer #1

Direct materials [ 202000 - 32100 ]	169900
(+) Direct labor [ 154200 - 42100 ]	112100
(+) Overhead applied [ 112100*150% ]	168150
Total manufacturing cost	450150
(+) Beginning work in process	16200
(-) Ending work in process	28400
Cost of Jobs transferred to finished goods inventory	437950

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Answer 2

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