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Bell Company 19000

Price: $2.50


Bell Company’s fiscal year ends on June 30. The following accounts are found in its
job order cost accounting system for the first month of the new fiscal year.




Other data:
1. On July 1, two jobs were in process: Job No. 4085 and Job No. 4086, with costs of
$19,000 and $8,200, respectively.
2. During July, Job Nos. 4087, 4088, and 4089 were started. On July 31, only Job No.
4089 was unfi nished. This job had charges for direct materials $2,000 and direct labor
$1,500, plus manufacturing overhead. Manufacturing overhead was applied at the rate
of 130% of direct labor cost.
3. On July 1, Job No. 4084, costing $145,000, was in the fi nished goods warehouse. On
July 31, Job No. 4088, costing $138,000, was in fi nished goods.
4. Overhead was $3,000 underapplied in July.

Instructions
List the letters (a) through (n) and indicate the amount pertaining to each letter. Show
computations

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