MMX Company produces pipes for​ concert-quality organs. Each job is unique. In April 2018, it completed all outstanding​ orders, and​ then, in May 2018​, it worked on only two​ jobs, M1 and​ M2:Rafael Company, May 2018 Job M1 Job M2Direct materials$79,000$56,000Direct manufacturing labour$277,000$205,000 Direct manufacturing labour is paid at the rate of $25 per hour. Manufacturing overhead costs are allocated at a budgeted rate of $18 per direct manufacturing​ labour-hour. Only Job M1 was completed in May. What is the ending balance in the​ Work-in-Process Control​ account?

Company produces pipes for​ concert-quality organs. Each job is unique. In April 2021, it completed all outstanding​ orders, and​ then, in May 2021​, it worked on only two​ jobs, M1 and​ M2:Rafael Company, May 2021 Job M1 Job M2Direct materials $79,000 $56,000Direct manufacturing labour $277,000 $205,000Direct manufacturing labour is paid at the rate of $25 per hour. Manufacturing overhead costs are allocated at a budgeted rate of $16 per direct manufacturing​ labour-hour. Only Job M1 was completed in May. What is the ending balance in the​ Work-in-Process Control​ account?

MNO Company uses a job-order costing system and the following information is available from its records. The company has three jobs in process: #6, #9, and #13.Raw material used$120,000Direct labor per hour$8.50Overhead applied based on direct labor cost120%Direct material was requisitioned as follows for each job respectively: 30 percent, 25 percent, and 25 percent; the balance of the requisitions was considered indirect. Direct labor hours per job are 2,500; 3,100; and 4,200; respectively. Indirect labor is $33,000. Other actual overhead costs totaled $36,000. What is the prime cost of Job #6?

implex Company has the following estimated costs for next year: Direct materials $15,000Direct labour 55,000Sales commissions 75,000Salary of production supervisor 35,000Indirect materials 5,000Advertising expenses 11,000Rent on factory equipment 16,000Simplex estimates that 10,000 direct labour and 16,000 machine hours will be worked during the year. If overhead is applied on the basis of machine hours, what will be the overhead rate per hour?

Techuxia Corporation worked on four jobs during October: Job A256, Job A257, Job A258, and Job A260. At the end of October, the job cost sheets for these jobs contained the following data:  Job A256 Job A257 Job A258 Job A260Beginning balance $ 2,600 $ 1,200 $ 0 $ 0Charged to the jobs during October:        Direct materials $ 4,000 $ 4,900 $ 2,800 $ 4,900Direct labor $ 1,500 $ 2,400 $ 1,300 $ 1,100Manufacturing overhead applied $ 2,600 $ 2,900 $ 1,600 $ 2,000Units completed 100 0 900 0Units in process at the end of October 0 154 0 124Units sold during October 80 0 180 0Jobs A256 and A258 were completed during October. The other two jobs were incomplete at the end of October. There was no finished goods inventory on October 1. The company’s total manufacturing overhead applied equals its total actual manufacturing overhead.Required:What is the cost of goods sold for October?Note: Round intermediate calculations to 2 decimal places and final answer to nearest dollar amount.What is the total value of the finished goods inventory at the end of October?Note: Round intermediate calculations to 2 decimal places and final answer to nearest dollar amount.What is the total value of the work in process inventory at the end of October?

Kelsh Company uses a predetermined overhead rate based on machine hours to apply manufacturing overhead to jobs. The company has provided the following estimated costs for next year: Direct materials $10,000Direct labour 30,000Sales commissions 40,000Salary of production supervisor 20,000Indirect materials 4,000Advertising expenses 8,000Rent on factory equipment 10,000Kelsh estimates that 5,000 direct labour hours and 10,000 machine hours will be worked during the year. What will be the predetermined overhead rate per hour?