The following account appears in the ledger prior to recognizing the jobs completed in august: work in process balance, august 1 $ 60,000 direct materials 325,000 direct labor 462,000 factory overhead 210,000 show me how a. $290 per hour show me how b. $95,200 show me how 816 chapter 16 job order costing copyright 2018 cengage learning. all rights reserved. may not be copied, scanned, or duplicated, in whole or in part. wcn 02-200-203 jobs finished during august are summarized as follows: job 210 $197,800 job 224 $160,000 job 216 240,000 job 230 364,000 a. journalize the entry to record the jobs completed. b. determine the cost of the unfinished jobs at august 31

You are the new chief information officer for the video-game developer, necturus games. the company has recently undergone a major expansion of its primary product, and you must staff up the is department and determine the best way to develop new game "capsules" for the game, "escape velocity."

The cost of the beginning work in process inventory was comprised of $3,000 of direct materials, $10,000 of direct labor, and $10,000 of factory overhead. costs incurred during the period were comprised of $15,000 of direct materials costs, and $100,000 of conversion costs. the equivalent units of production (eup) for the period were 9,000 for direct materials and 6,000 for conversion. the costs per eup were:

Skychefs, inc. prepares in-flight meals for a number of major airlines. one of the company's products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. during the most recent week, the company prepared 4000 of these meals using 960 direct labor hours. the company paid these direct labor workers a total of $19,200 for this work, or $20.00 per hour. according to standard cost card for this meal, it should require 0.25 direct labour-hours at a cost of $19.75 per hour.1. what is the standard labor-hours allowed (sh) to prepare 4,000 meals? 2. what is the standard labor cost allowed (sh x sr) to prepare 4,000 meals? 3. what is the labor spending variance? 4. what is the labor rate variance and the labor efficiency variance?