Under Eagle Co.'s job order costing system, manufacturing overhead is applied to Work-in-Process using a predetermined annual overhead rate. During February, Eagle's transactions included the following:
Direct materials issued to production $90,000
Indirect materials issued to production 8,000
Manufacturing overhead incurred 125,000
Manufacturing overhead applied 113,000
Direct labor costs 107,000
Eagle had neither beginning nor ending inventory in Work-in-Process Inventory.
Required:
(a) What was the cost of jobs completed in February? (CPA adapted)