AmaZing company has its job-costing system including two
categories of direct costs: direct materials and direct
manufacturing labor and one indirect-cost pool. Manufacturing
overhead allocated at a budgeted $31 per machine-hour in 2016. The
following data (in thousands) show operating costs for 2016.
Materials control, Jan 1,
2016
20
WIP Control, Jan 1,
2016
9
Finished Goods Control, Jan 1,
2016
10
Finished Goods Control, Dec 31,
2016
11
Materials and Supplies purchased on
credit
154
Direct...