Chapter 1, Problem 18P

Provide answer general Accounting question

Please need answer the financial accounting question

Answer? ? Financial accounting question

Job H85 was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $3,300 of direct materials and used $4,700 of direct labor. The job was not finished by the end of the month but needed an additional $3,200 of direct materials and additional direct labor of $7,400 to finish the job in October. The company applies overhead at the end of each month at a rate of 100% of the direct labor cost incurred. What is the total cost of the job when it is completed in October?

What is the correct option? ? General Accounting question

Genral account

I want to correct answer accounting questions

Differential Chemical produced 18,000 gallons of Preon and 39,000 gallons of Paron. Joint costs incurred in producing the two products totaled $8,500. At the split-off point, Preon has a market value of $11 per gallon and Paron $3.5 per gallon. Compute the portion of the joint costs to be allocated to Preon if the value basis is used. Accurate Answer

GENERAL ACCOUNTING 5.3