Sampson Company uses a job order cost system with overhead applied based on direct labor hours. See
estimated amounts below. Note the beginning balances for Finished Goods (Job 101) and Work-inProcess (Jobs 102 & 103) for the costs accumulated to date. Al
Process (Jobs 102 & 103) for the costs accumulated to date. Also note, the beginning balances in the
other balance sheet accounts.
Estimated Overhead f
Estimated Direct Labo
During January the comapny had the following transactions:
Ramada Company produces one golf cart model. A partially complete table of company costs
1. Complete the table.
2. Ramada sells its carts for $1,200 each. Prepare a contribution margin income statement for
each of the three producti