Questionz yot value 000 points Mary\'s Landscaping uses a job order cost system.

Question

Questionz yot value 000 points Mary's Landscaping uses a job order cost system. The following debits (credits) appeared in Work-in-Process Inventory for August August 1 For the month For the month For the month For the month Balance Direct materials Direct labor Factory overhead To finished goods Amount S 13.800 81,400 4,700 44 854 (161,800) Mary's applies overhead to production at a predetermined rate of 82 percent based on direct labor cost. Job 3318, which was started during August and is the only job sell in process at the end of August, has been charged direct labor of $6,200 Required What cost amount of direct materials was charged to Job 3318

Explanation / Answer

Ans)

Direct labor and factory overhead for Job 3318 is $6,200 and ($6,200 x 82% =) $5,084 respectively.

$13,800 (August 1st balance)
+ 81,400 (direct materials)
+ 54,700 (direct labor)
+ 44,854 (factory overhead)
= 194754
- 161,800 (to finished goods)
= $32,954 (August 31st work-in-process inventory)

Since Job 3318 is the only job in process, that means the amount of $32,954is all allocated to that job.

$32,954 (work-in-process)
- 6,200 (direct labor)
- 5084 factory overhead)
= $21,670 (direct materials for Job 3318)

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