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Valley Water Slides
Valley Water Slides Makes Custom Water Slides

question 23

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Valley Water Slides
Valley Water Slides makes custom water slides for hotels. On September 1, three jobs were in process: Jobs 812, 813, and 814. Two more jobs, Jobs 815 and 816, were started during September. By September 30, Jobs 812, 814, and 816 were finished. The following data were collected:  Job 812 Job 813 Job 814 Job 815 Job 8169/1 Balance $615$830$945 Direct Materials 7502351,280$200$915 Direct Labour 420115560320875\begin{array}{lrrrrr}&\text { Job } 812&\text { Job } 813&\text { Job } 814&\text { Job } 815&\text { Job } 816\\9 / 1 \text { Balance } & \$ 615 & \$ 830 & \$ 945 & --- & --- \\\text { Direct Materials } & 750 & 235 & 1,280 & \$ 200 & \$ 915 \\\text { Direct Labour } & 420 & 115 & 560 & 320 & 875\end{array} Overhead is applied at the rate of 120% of direct labour cost. Jobs are sold at cost plus 60%. Selling and administrative expenses for September totalled $2,950. By September 30, Jobs 812 were 816 are sold, but the customer who ordered Job 814 cancelled the order so the slide is still in the warehouse.
-Refer to Valley Water Slides. What is the Cost of Goods Sold for September?

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Definitions:

Retrieval Systems

Mechanisms or processes used for recovering information or items from storage locations.

Distribution Facilities

Warehouses or storage sites where goods are held before they are distributed to the final customer.

Intermittent Processes

Operations or production processes that are not continuous but occur at irregular intervals.

Labor Intensity

The degree to which a process or industry relies on human labor rather than automation or machinery.

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