Quatro Products Started and Finished Job No

question 71

Essay

Quatro Products started and finished job no. C19 during June. The job required $15,000 of direct material and 75 hours of direct labor at $12 per hour. The predetermined overhead rate is $16 per direct labor hour.
During June, direct materials requisitions for all jobs totaled $149,000; the total direct labor hours and cost were 6,200 hours at $12 per hour; and the total cost of jobs completed was $337,500. All of these figures include data that pertain to job no. C19.
Required:
A. Prepare journal entries that summarize June's total activity.
B. Determine the cost of job no. C19.

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Definitions:

Real Number Line

A line that visually represents all real numbers in a continuous sequence, where each point corresponds to a real number.

Real Number Line

A line that graphically represents all possible real numbers, where each point corresponds to a unique real number.

Entirely Negative

A term describing a scenario where all values or aspects of something are negative or below zero.

Entirely Positive

A term that could suggest a situation or value is purely positive, without any negative parts or aspects. NO.