Dapper Corporation had only one job in process on May 1. The job had been charge
ID: 2425368 • Letter: D
Question
Dapper Corporation had only one job in process on May 1. The job had been charged with $1,010 of direct materials, $3,830 of direct labor, and $5,810 of manufacturing overhead cost. The company assigns overhead cost to jobs using the predetermined overhead rate of $24.50 per direct labor-hour.
During May, the following activity was recorded:
Work in process inventory on May 30 contains $2,944 of direct labor cost. Raw materials consist solely of items that are classified as direct materials.
$4,400
$4,520
$4,920
$4,280
Dapper Corporation had only one job in process on May 1. The job had been charged with $1,010 of direct materials, $3,830 of direct labor, and $5,810 of manufacturing overhead cost. The company assigns overhead cost to jobs using the predetermined overhead rate of $24.50 per direct labor-hour.
During May, the following activity was recorded:
Explanation / Answer
$4,400
Raw materials(ending) = opening + Purchases - used in production
= 10,100 + 26,200 - 31,900
= $4,400
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