FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Assume a company worked on four jobs during June: Jobs W, X, Y, and Z. At the end of June, the job cost sheets for these four jobs
contained the following data:
Beginning balance.
Charged to the jobs during June:
Direct materials
Direct labor
Manufacturing overhead applied
Units completed
Units sold during June
Multiple Choice
O
O
37 units
108 units
78 units
Job W
$80
86 units
$145
$ 90
$45
0
0
Jobs X, Y, and Z were completed during June. Job W was incomplete at the end of June. There was no finished goods inventory on
June 1 and the company's total manufacturing overhead applied always equals its total actual manufacturing overhead.
If the cost of goods sold in June is $460, how many units from Job Z must have been sold in June?
Job X
$ 120
$80
$ 50
$ 25
100
100
Job Y
$ 90
$ 105
$ 70
$35
50
0
Job Z
$ 140
$ 120
$ 100
$ 50
82
?
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Transcribed Image Text:Assume a company worked on four jobs during June: Jobs W, X, Y, and Z. At the end of June, the job cost sheets for these four jobs contained the following data: Beginning balance. Charged to the jobs during June: Direct materials Direct labor Manufacturing overhead applied Units completed Units sold during June Multiple Choice O O 37 units 108 units 78 units Job W $80 86 units $145 $ 90 $45 0 0 Jobs X, Y, and Z were completed during June. Job W was incomplete at the end of June. There was no finished goods inventory on June 1 and the company's total manufacturing overhead applied always equals its total actual manufacturing overhead. If the cost of goods sold in June is $460, how many units from Job Z must have been sold in June? Job X $ 120 $80 $ 50 $ 25 100 100 Job Y $ 90 $ 105 $ 70 $35 50 0 Job Z $ 140 $ 120 $ 100 $ 50 82 ?
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