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# On September 1, two jobs were in process at Pete's Patios. Details of the jobs follow:

On September 1, two jobs were in process at Pete’s Patios. Details of the jobs follow:
Job Number Direct Materials Direct Labor
PP-24 \$ 1,004 \$ 362
PP-30 625 1,760

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Materials Inventory on September 1 totaled \$5,460, and \$724 worth of materials was purchased during the month. Indirect materials of \$99 were withdrawn from materials inventory. On September 1, finished goods inventory consisted of two jobs, PP-12, costing \$2,334, and PP-14, with a cost of \$924. Costs for both jobs were transferred to Cost of Services Billed during the month.

Also during September, Jobs PP-24 and PP-30 were completed. Completing Job PP-24 required an additional \$1,440 in direct labor. The completion costs for Job PP-30 included \$664 in direct materials and \$4,300 in direct labor.

Pete’s Patios used a total of \$1,894 of direct materials (excluding the \$99 indirect materials) during the period, and total direct labor costs during the month amounted to \$8,090. Overhead has been estimated at 50 percent of direct labor costs, and this relation has been the same for the past few years.

Required:
Compute the costs to complete Jobs PP-24 and PP-30 and the balances in the September 30 inventory accounts. (Omit the "\$" sign in your response.)

Cost to complete job PP-24 \$

QUESTION:
On September 1, two jobs were in process at Pete’s Patios. Details of the jobs follow:
Job Number Direct Materials Direct Labor
PP-24 \$ 1,004 \$ 362
PP-30 625 1,760
Materials Inventory...

## This question was asked on Feb 07, 2012 and answered on Feb 09, 2012.

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