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

Questions

Vest Cо. uses а jоb-оrder cost system. The following debits (credits) аppeаred 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?

Vest Cо. uses а jоb-оrder cost system. The following debits (credits) аppeаred 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?