Please help me and double check the answer! I have only one point. I will kindly

Question

Please help me and double check the answer! I have only one point. I will kindly thumbs up. Thank you so much.

2. On March 1 a dressmaker starts work on three custom-designed wedding dresses. The company uses job order costing and applies overhead to each job (dress) at the rate of 50% of direct materials costs. During the month, the jobs used direct materials as shown below. Job 1 Job 2 Job 3 S6,400 S8,400 S2,900 Direct materials used During the month, the jobs used direct labor as shown below. Jobs 1 and 3 are not finished by the end Job 1 Job 2 Job 3 S10,100 S5,200 S4,200 Direct labor used

Explanation / Answer

(A) JOB COST SHEET

(B) Work in Progress Inventory Account :- $19700 + $8550 = $28250

(C) Finished Goods Inventory Account :- $17800

Job 1 Job 2 Job 3 Direct Materials $6400 $8400 $2900 Direct Labor $10100 $5200 $4200 Factory Overhead (50% of Direct Material) $3200 $4200 $1450 Total $19700 $17800 $8550

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