Final answer:
The job costs added to Work in Process Inventory for job A3B during October are $17,150. This figure is calculated by summing up $2,400 in direct materials, $5,900 in direct labor, and $8,850 in applied overhead (150% of direct labor).
Step-by-step explanation:
The student is asking about job costing, specifically how to calculate the job costs added to Work in Process Inventory for the month of October for job A3B at Jaycee Corporation. To determine this, you will need to add the direct materials and direct labor costs for October, and then calculate the overhead applied to the job, which is at a rate of 150% of the direct labor cost.
First, let’s add the direct materials and direct labor costs for October:
Direct materials: $2,400
Direct labor: $5,900
Then, we calculate the overhead:
Overhead = 150% × Direct labor cost
Overhead = 1.50 × $5,900
Overhead = $8,850
Now, we can determine the total job costs for October by adding all three amounts:
Total job costs for October = Direct materials + Direct labor + Overhead
Total job costs for October = $2,400 + $5,900 + $8,850
Total job costs for October = $17,150