The Donaldson Company Uses a Job-Order Costing System

question 12

Multiple Choice

The Donaldson Company uses a job-order costing system. The following data were recorded for July: Overhead is applied to jobs at the rate of 80% of direct materials cost. Jobs 475, 477, and 478 were completed during July and transferred to finished goods. Jobs 475 and 478 have been delivered to the customer. Donaldson's Work in Process inventory balance on July 31 was:

• A)$7,280
• B)$2,600
• C)$3,160
• D)$3,320

---

Definitions:

Tenth Amendment

Part of the U.S. Constitution that reserves all powers not delegated to the United States by the Constitution, nor prohibited by it to the States, to the States respectively, or to the people.

Delegated

The act of entrusting another person or entity with specific powers or authority to act on one's behalf.

Constitution

is the fundamental and supreme law of a nation, setting forth the framework for the government's powers and the rights of the citizens.

Checks And Balances

A system that ensures no single branch of government becomes too powerful, by granting each branch some form of authority over the others.