572/quizze/264899/take Question 24 4 pts Jerico Enterprises has a jab order cost

Question

572/quizze/264899/take Question 24 4 pts Jerico Enterprises has a jab order costing system. the following debits (creditsl appeared in Jerico's WIP account for the month of October, 2017: Balance, 10/01/2017 $ 12000 Direct materials, month af October 0,000 During October, direct labor totaled $30,000, and $24,000 of overhead was applied to production in October.Finished Goods inventory was debited $100,000 during October erico apples overhead at a predetermined rate of 80% of direct labor cost. Job 91. the only ih left in WIP at 10/31/2017, has been charged with manufacturing overhead amount of direct materials charged to Job e 91? of $3.400. What is the 53.400 $4.250 $8.350 $7 580 Question 25 4 pts Factory overhead includes

Explanation / Answer

24 Total cost of Job #91 = (12000+50000+30000+24000)-100000= 16000 Direct materials charged to job #91 = 16000-3400-(3400/80%)= 8350 Option 3 is correct

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