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The following selected data were taken from the books of the
Bixby Box Company. The company uses job costing to account for
manufacturing costs. The data relate to June operations.
A) Materials and supplies were requisitioned from the stores
clerk as follows:
Job 405, material X, $12,000.
Job 406, material X, $5,040; material Y, $10,320.
Job 407, material X, $12,000; material Y, $5,520.
For general factory use: materials A, B, and C, $3,840.
B) Time tickets for the month were chargeable as follows:
Job 405 $18,960 4,000 hours
Job 406 $24,000 4,600 hours
Job 407 $13,680 3,360 hours Indirect labor $ 6,000
C) Other information: Factory paychecks for $62,640 were issued
during the month. Various factory overhead charges of $31,320 were
incurred on account. Depreciation of factory equipment for the
month was $6,400. Factory overhead was applied to jobs at the rate
of $3.00 per direct labor hour. Job orders completed during the
month: Job 405 and Job 406. Selling and administrative costs were
$3,600. Factory overhead is closed out only at the end of the
The end of the month Work-in-Process Inventory balance would