Business
Business, 26.03.2021 01:30, lorrainelopez

Dapper Corporation had only one job in process on May 1. The job had been charged with $1,310 of direct materials, $3,720 of direct labor, and $6,100 of manufacturing overhead cost. The company assigns overhead cost to jobs using the predetermined overhead rate of $22.40 per direct labor-hour. During May, the following activity was recorded: Raw materials (all direct materials): Beginning balance $ 13,200 Purchased during the month $29,500 Used in production $35,400 Labor: Direct labor-hours worked during the month 1,950 Direct labor cost incurred $24,180 Actual manufacturing overhead costs incurred $35,500 Inventories: Raw materials, May 30 ? Work in process, May 30 $16,100 Work in process inventory on May 30 contains $2,852 of direct labor cost. Raw materials consist solely of items that are classified as direct materials. The balance in the raw materials inventory account on May 30 was:

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Dapper Corporation had only one job in process on May 1. The job had been charged with $1,310 of dir...

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