Jakubiak Inc

question 77

Multiple Choice

Jakubiak 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 January the company completed job J26E that consisted of 18,000 units of one of the company's standard products.No other jobs were in process during the month.The job cost sheet for job J26E shows the following costs: During the month,the actual manufacturing overhead cost incurred was $252,360 and 17,000 completed units from job J26E were sold.No other products were sold during the month.
-The cost of goods sold that would appear on the income statement for January,after adjustment for any underapplied or overapplied overhead,is closest to:

• A)$1,020,760
• B)$1,005,640
• C)$1,072,870
• D)$1,080,350

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Definitions:

Bounce Height

A measurement of how high an object rebounds after being dropped or released from a height.

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Scatterplot

A statistical graph type that illustrates the association between two variables by displaying data values for a dataset.