Adams Manufacturing Has Three Jobs in Process in October of the Current

question 7

Essay

Adams Manufacturing has three jobs in process in October of the current year,B2-19,C3-19,and D4-4.All three were begun during the first week of October.Job C3-19 was completed on October 10^th with total labor costs of $14,750 and total material costs of $8,855.No other jobs were completed in October.The total balance in Job D4-4 is $8,250 ($4,275 in materials and $3,975 in labor)and in Job B2-19 is $17,850 ($10,425 in materials and $7,425 in labor)before overhead is applied.Overhead is applied based on total direct labor dollars.Estimated total direct labor dollars for the year is $440,000 and total estimated manufacturing overhead is $352,000.
Based on the information given,complete the Job Order Cost Sheet for Job C3-19.

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Definitions:

Chinese Yuan

The recognized monetary unit of the People's Republic of China, utilized within mainland China but excluded from its special administrative regions such as Hong Kong.

Devalues

Reduces the worth or monetary value of an item or currency.

US Importers

Businesses or individuals in the United States that buy goods from foreign countries for resale or use in the US.

Chinese Yuan

The official currency of the People's Republic of China, often used in trade and valuation.