Q. Caltran, Inc. completed manufacturing Job 445. It included $380 of direct materials cost, $1,200 of direct labor cost, and $520 of allocated manufacturing overhead. Which of the following is the correct journal entry needed to record the completed job?

Q. On June 30, Caroline, Inc. finished Job 750 with total job costs of $4,200 and transferred the costs to Finished Goods Inventory. On July 6, Caroline completed the sale of the goods from Job 750 to a customer for $5,000 cash. Which of the following is the correct entry needed to record the revenue earned?

Q. On June 30, Coral, Inc. finished Job 750 with total job costs of $4,500, and transferred the costs to Finished Goods Inventory. On July 6, it completed the sale of the goods to a customer for $5,700 cash. Which of the following is the correct journal entry to record the cost of goods sold?

Q. Bass Accounting Services expects its accountants to work a total of 23,000 direct labor hours per year. The company's estimated total indirect costs are $299,000. The company uses direct labor hours as the allocation base for indirect costs. What is the indirect cost allocation rate? (Round your answer to the nearest cent.)