Juanita Corporation Uses a Job-Order Costing System and Applies Overhead

question 58

Multiple Choice

Juanita Corporation uses a job-order costing system and applies overhead on the basis of direct labor cost.At the end of October,Juanita had one job still in process.The job cost sheet for this job contained the following information: An additional $100 of labor was needed in November to complete this job.For this job,how much cost should Juanita have transferred to finished goods inventory in November when it was completed?

• A)$1,330
• B)$500
• C)$1,230
• D)$1,730

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Definitions:

Biochemical Traits

Characteristics at the molecular level, involving chemical processes and substances which occur within living organisms.

Autotrophs

Organisms capable of producing their own organic compounds from simple substances like carbon dioxide, often through photosynthesis, without relying on other organisms for food.

Green Algae

A diverse group of photosynthetic organisms found in various aquatic environments.

Bryophyte

A group of plant species that includes mosses, liverworts, and hornworts, characterized by their non-vascular nature and life cycle.