Question - Clayton Corporation uses a Job-costing system. The following debit (Credit) appeared in the general ledger account Work-In-Process control for the current month of 2017:
May 1, Balance - $45,000
May 31, Direct Material - $150,000
May 31, Direct Manufacturing Labor - $112,500
May 31, Manuf. Overhead allocated - $95,625
May 31, tranfered to F. Goods $(375,000)
Clayton allocates overhead to jobs at the a budgeted rate of 85% of direct manufacturing labor cost. Job 911, the only job still in process at the end of May 2017, has $9,775 of manufacturing overhead allocated to it.
Compute the amount of direct material debited in job 911.