how do you determine the cost for each job and how do you get the cost of goods manufactured
job 705 job 706
direct material 5000 8000
direct labor 4000 3000
overhead 4400 3300
total 13400 14300
raw material costing 40000 was purchased on account
jobs 707 708 709 were started and the following cost were applied to them
707 708 709
direct material 3000 10000 7000
direct labor 5000 6000 4000
determine the overhead rate based on direct labor cost
determine the cost of each job
calculate the cost of goods manufactured