37.   Analyzing costs in a job company. On June 1, Simon Landscaping Company had two jobs in process with the following costs:

 

Direct Materials                           Direct Labor

 

Thomson ...................................................................	$1,000	$5,000
Reed Family .............................................................	800	3,200

 

In addition, overhead is applied to these jobs at the rate of 100 percent of direct labor costs. On June 1, Simon had materials inventory (for example, plants and shrubs) totaling

$2,000. During June, Simon purchased $4,000 of materials and had none left in materials inventory at the end of the month. (However, Simon had some materials in Work-in-Process Inventory at the end of the  month.)

During June, Simon completed both the Thomson and Reed Family jobs and recorded them as Cost of Goods Sold. The Thomson job required no more materials in June, but it did require $1,200 of direct labor to complete. The Reed Family job required no more materials in June, but did use $2,000 of direct labor in June to    complete.

Simon started a new job, Sparks, during June and put $1,600 of direct labor costs into this job. Unfortunately, Simon lost the records of materials used on this job but knows all the materials available in June went into the Sparks job. The Sparks job is still in Work-in- Process Inventory at the end of the  month.

Simon needs to know the total cost of the Thomson and Reed Family jobs and the cost to date for the Sparks job, for billing purposes. (Otherwise, all the little Simons at home will go hungry in July.) Provide the cost of direct materials, direct labor, and overhead (at 100 percent of direct labor cost) for the three   jobs.