Business, 11.12.2019 03:31 monkeygaming274

Redwoods company designs and builds exotic furniture for individual customers. on march 1, there were two jobs in process: job 400 with a beginning balance of $23,000 and job 402 with a beginning balance of $6,000. overhead costs are applied by using a rate of 50% of direct labor costs. both jobs are unfinished on march 31. data on march costs for both the jobs are as follows:
job 400 job 402
direct materials $6,000 $ 10,000
direct labor cost 4,000 13,000
1. what is the total of the work-in-process account on march 31?
a. $45,000
b. $58,490
c. $70,500
d. $38,00
e. none of these

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Redwoods company designs and builds exotic furniture for individual customers. on march 1, there wer...

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