Chapter 11, Problem 11ICA

What is the value of office supplies

Quibi Enterprises received an order for Job X2L on November 12. During the month of November, Quibi requisitioned $3,100 of direct materials and used $4,600 of direct labor. The job was not finished by the end of November and required an additional $2,700 of direct materials and $6,400 of direct labor to complete the job in December. The company applies overhead at the end of each month at a rate of 200% of the direct labor cost incurred. What is the total cost of the job when it is completed in December?

General Accounting