A firm uses job costing. Details of the three jobs worked or JOB 11 Job 22 $ $ Opening work in progress Direct materials in the period Direct labour in the period 22,760 O a. $61,894 O b. $65,084 O c. $66,360 O d. $68,952 4,620 12,125 3,190 11,660 10,520 Overheads are absorbed at 40% of prime cost in each peric What is the value of the closing Work in progress?

A firm uses job costing. Details of the three jobs worked or JOB 11 Job 22 $ $ Opening work in progress Direct materials in the period Direct labour in the period 22,760 O a. $61,894 O b. $65,084 O c. $66,360 O d. $68,952 4,620 12,125 3,190 11,660 10,520 Overheads are absorbed at 40% of prime cost in each peric What is the value of the closing Work in progress?

Name: A firm uses job costing. Details of the three jobs worked on during a
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Description: A firm uses job costing. Details of the three jobs worked on during a period are:JOB 11Job 22Job 33$$Opening work inprogressDirect materials in theperiodDirect labour in theperiod22,760O a. $61,894O b. $65,084O c. $66,360O d. $68,9524,62012,1253,190

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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