This paper circulates around the core theme of Renaissance Gallery converts photographs to portraits together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 79. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
B-19.05Renaissance Gallery converts photographs to portraits via a tedious hand painting process.Costs are tracked for each painting, with gallery overhead being applied at 125% of directlabor cost.Renaissance Gallery began June with one job in process. This job related to the PriceWedding photo, and beginning work in process included total costs of $14,400 (direct labor,direct material, and applied overhead).During June, four new jobs were begun. These consisted of the Ramirez family portrait, theOberweiss farm photo, the Ravenwood big fish picture, and the Zhang baby picture. Theonly job remaining in process at the end of June was the Ravenwood big fish picture. Todate, $13,000 in direct labor and $3,500 of direct materials had been committed to theRavenwood job.Total direct labor incurred on all jobs during June was $60,900. Total direct material incurredon all jobs during June was $11,700.(a) Compute the ending work in process inventory balance and the total cost assigned tofinished jobs.