applying overhead using a predetermined rate turco products uses a job order cost sy 691048
Applying Overhead Using a Predetermined Rate
Turco Products uses a job order cost system. The following debits (credits) appeared in Work in Process Inventory for September:
|
|
Description |
Amount |
|
September 1 |
Balance |
$ 70,200 |
|
For the month |
Direct materials |
421,200 |
|
For the month |
Direct labor |
262,600 |
|
For the month |
Factory overhead |
315,120 |
|
For the month |
To finished goods |
(832,000) |
Turco applies overhead to production at a predetermined rate of 120 percent based on direct labor cost. Job 9 27, the only job still in process at the end of September, has been charged direct labor of $35,100.
Required
What cost amount of direct materials was charged to Job 9 27?