Zarabi Company builds internal conveyor equipment to client specifications. The October 1 balance of
Ace your studies with our custom writing services! We've got your back for top grades and timely submissions, so you can say goodbye to the stress. Trust us to get you there!
Order a Similar Paper Order a Different Paper
Zarabi Company builds internal conveyor equipment to client specifications. The October 1 balance of Job #265 was $30,330; the October balance of Job #266 was
$62,170.
During October, Jobs #267 and #268 were started. Data on October costs for all jobs are as follows:
Job #265 Job #266 Job #267 Job #268
DM
$13,000
$ 7,000
$3,500
$4,750
DL
15,000
12,000
1,900
7,000
Job #265 was completed on October 28, and the client was billed at cost plus 30 percent. All other jobs remained in process. Overhead is applied at the rate of 75% of direct labor cost.
Required
1. Calculate the overhead applied to each job during the month of October.
2. Prepare job-order cost sheets for each job as of the end of October.
3. Calculate the balance in Work in Process on October 31.
4. What is the price of Job #265?
Looking for top-notch essay writing services? We've got you covered! Connect with our writing experts today. Placing your order is easy, taking less than 5 minutes. Click below to get started.
Order a Similar Paper Order a Different Paper
