Question

Lucas Co. has a job-order cost system. For the month of April, the following debits (credits) appeared in the general ledger account, work-in-process: April 1 Balance $ 24,000 30 Direct materials 80,000 30 Direct labor 60,000 30 Factory overhead 54,000 30 To finished goods (200,000) Lucas applies overhead to production at a predetermined rate of 90% based on direct labor cost. Job No. 100, the only job still in process at the end of April, has been charged with factory overhead of $4,500. The amount of direct materials charged to Job No. 100 was

Answer 1

To find the amount of direct materials charged to Job No. 100, you need to calculate the total direct materials used in April and allocate it proportionally to the jobs. Based on the provided information, the amount of direct materials charged to Job No. 100 is $56,000.

Step-by-step explanation:

In a job-order cost system, direct materials are charged to each specific job. To find the amount of direct materials charged to Job No. 100, we need to calculate the total direct materials used in the month of April and allocate it proportionally to the jobs.

Based on the information provided:

1. Total direct materials used in April = Direct materials debited in general ledger - Initial balance = $80,000 - $24,000 = $56,000
2. Total direct labor cost in April = $60,000
3. Factory overhead applied to Job No. 100 = $4,500

To find the amount of direct materials charged to Job No. 100, we can use the predetermined overhead rate:

Direct materials charged to Job No. 100 = Total direct materials used in April × (Direct labor cost of Job No. 100 / Total direct labor cost in April)

Direct materials charged to Job No. 100 = $56,000 × ($60,000 / $60,000) = $56,000

Answer 2

direct material charge = $8500

Step-by-step explanation:

given data

April 1 balance = $24000

April 30 Direct materials = 80000

April 30 Direct labor = 60000

April 30 Factory overhead = 54000

April 30 finished goods = 200000

so balance is = finished goods - ( balance + Direct materials + Direct labor + Factory overhead )

put here value

balance = 200000 - ( 24000 + 80000 + 60000 + 54000 )

balance = 18000

so here balance above $18000 is total manufacture cost of job no 100

so direct material charge for job no 100 is

direct material charge = manufacturing cost - applied cost - direct labour cost

direct material charge = 18000 - 4500 - 5000

direct material charge = $8500