Maurice Tutor

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Category > Management Posted 01 Jun 2017 My Price 13.00

Rio Manufacturing Company uses a job order cost system

. At the beginning of February, Rio only had one job in process, Job #594. The direct costs assigned to this job at that time were $800 of materials and $650 of labor. Job #594 was finished during February incurring additional direct costs of $120 for materials and $370 for labor. Job #595 was started and finished during February. The direct costs assigned to this job were $310 for materials and $190 for labor. Job #596 was started during February but was not finished by the end of the month. The direct costs assigned to this job were $740 for materials and $300 for labor. Rio applies manufacturing overhead to its products at a rate of 200% of direct labor cost. What is Rio"s cost of goods manufactured for February?

A) $2,440

B) $3,750

C) $4,860

D) $6,500

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Maurice Tutor
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Status NEW Posted 01 Jun 2017 11:06 PM My Price 13.00

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