Bryant Company designs and builds fancy dining room tables for individual customers. On July 1, there were two jobs in process: Job 391 with a beginning balance of $21,700 and Job 392 with a beginning balance of $8,790. Overhead costs are applied by using a rate of 70% of direct labor costs. Both jobs are unfinished on July 31. Data on July costs for both jobs are as follows:
|
Job 391
|
Job 392
|
| Direct materials |
$5,100
|
$ 9,200
|
| Direct labor cost |
2,700
|
11,000
|
|
|
|
What is the total of the work-in-process account at July 31?