Huse Inc Uses a Job-Order Costing System in Which Any Underapplied

question 119

Essay

Huse Inc. uses a job-order costing system in which any underapplied or overapplied overhead is closed to cost of goods sold at the end of the month. In June, the company completed job J38C that consisted of 21,000 units of one of the company's standard products. No other jobs were in process during the month. The job cost sheet for job J38C shows the following costs: During the month, the actual manufacturing overhead cost incurred was $229,110 and 16,000 completed units from job J38C were sold. No other products were sold during the month.
Required:
Determine the unadjusted cost of goods sold (in other words, the cost of goods sold BEFORE adjustment for any underapplied or overapplied overhead) for June. Show your work!

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Definitions:

Herding Societies

Communities that primarily depend on domesticated livestock as their main source of livelihood.

Physically Aggressive

Behavior intended to cause harm or pain to another person through physical force.

Verbally Aggressive

The use of words to criticize, insult, or denigrate others, often as a form of social aggression.

Verbally Aggressive

The characteristic of expressing oneself in a manner that is direct, forceful, and potentially harmful or hurtful to others through language.