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  • Quest 13

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    kaji cruz
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    The total cost of Job #920 as of the end of June 2019 was $7,780, consisting of $3,350 in direct materials, $650 in direct labor, and $3,780 in applied overhead. The cost of goods manufactured for June 2019 was $36,880, calculated from direct materials used of $17,350, direct labor of $6,300, applied manufacturing overhead of $3,780, and an underapplied overhead of $570 since actual overhead for June was $4,350.

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    The total cost of Job #920 as of the end of June 2019 was $7,780, consisting of $3,350 in direct materials, $650 in direct labor, and $3,780 in applied overhead. The cost of goods manufactured for June 2019 was $36,880, calculated from direct materials used of $17,350, direct labor of $6,300, applied manufacturing overhead of $3,780, and an underapplied overhead of $570 since actual overhead for June was $4,350.

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    4 views2 pages

    Quest 13

    Uploaded by

    kaji cruz
    The total cost of Job #920 as of the end of June 2019 was $7,780, consisting of $3,350 in direct materials, $650 in direct labor, and $3,780 in applied overhead. The cost of goods manufactured for June 2019 was $36,880, calculated from direct materials used of $17,350, direct labor of $6,300, applied manufacturing overhead of $3,780, and an underapplied overhead of $570 since actual overhead for June was $4,350.

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    © All Rights Reserved
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    of 2

    What was the total cost of Job#920 as of the end of June 2019?

    Applied Overhead
    Direct Materials 3,350
    Direct Labor 650
    Applied Overhead 3,780
    7,780

    What was the cost of goods manufactured for June 2019?


    Direct Materials Used 17,350
    Direct Labor 6,300
    Applied Manufacturing Overhead 3,780
    Total Manufacturing Cost 27,430
    Add: WIP, beginning -
    Total cost of goods 27,430
    Less: WIP, ending 9,450
    Cost of Goods Manufactured 36,880

    If actual overhead for June was P4,350, by how much is the underapplied overhead?
    Underapplied overhead is 570
    Applied Overhead 3,780

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