Cost Flow in Job Order Costing
VistaPrint is a company that designs and creates custom marketing products. Assume the company started New Job last month, but completed no units. In the current month of March, the company identified the following cost information.
New Job
Work-in-process, March 1
Finished goods, March 1
Costs assigned in March:
Direct materials
Direct labor
Manufacturing overhead (applied and actual)
REQUIRED
a. If ending work-in-process inventory on March 31 is \$0, what was cost of goods manufactured for the month of March?
\$0
b. If ending finished goods inventory on March 31 is \$10,800, what was cost of goods sold?
\$0
c. If the manufacturing process is complete for New Job and a total of 1,000 units were produced, what is the total manufacturing cost per unit?
\$0
Check