Use the following information to answer this question.  …

 Use the following information to answer this question.   A manufacturing company employs a process cost system. The company’s product passes through both Department 1 and Department 2 in order to be completed. Conversion costs are incurred uniformly throughout the process in Department 2. The direct material is added in Department 2 when conversion is 80% complete. This direct material is a preservative that does not change the volume. Spoiled units are discovered at the final inspection and are recognized then for costing purposes.   The physical flow of units for the current month is presented below:   Beginning work-in-process in Department 2 (90% complete with respect to conversion costs) – 14,000 Transferred in from Department 1 76,000 Completed and transferred to finished goods – 80,000 Spoiled units – all normal 1,500 Ending work-in-process in Department 2 (60% complete with respect to conversion costs) – 8,500     If the manufacturing company uses the weighted-average method, the equivalent units for direct materials in Department 2 for the current month would be:

Vest Co. uses a job-order cost system. The following debits…

Vest Co. uses a job-order cost system. The following debits (credits) appeared in Vest’s work-in-process account for the month of April: April                 Description                                        Amount  1                  Balance                                    $ 4,00030                Direct materials                         24,00030                Direct labor                               16,00030                Factory overhead                      12,80030                To finished goods                     (48,000)  Vest applies overhead to production at a predetermined rate of 80% of direct labor cost. Job No. 5, the only job still in process on April 30, has been charged with direct labor of $2,000. What was the amount of direct materials charged to Job No. 5?