Foster Manufacturing uses a job order cost accounting system. On April 1, the company has Work in Process Inventory of $7,600 and two jobs in process: Job No. 221, $3,600, and Job No. 222, $4,000.
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The Dockery Corporation had the following costs to produce 3,600 units: (a) direct materials $4,000, (b) factory rent $6,000, (c) fixed advertising $8,000, (d) factory worker wages $12,800 and (e) factory utilities $500.
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