Question

Aquazona Pool Company is a custom pool builder. The company recently completed a pool for the Drayna family (Job 1324) as sum
View transaction list Journal entry worksheet ^ Record the cost of goods sold. Note: Enter debits before credits. Transaction


Aquazona Pool Company is a custom pool builder. The company recently completed summarized on the incomplete job cost sheet be
0 0
Add a comment Improve this question Transcribed image text
Answer #1
Total Cost of Job 1324:
Amount $
Direct Materials 7520.0
Direct Labor 3142.8
Manuf. Overhead 1571.4 (162*9.70)
Total Cost $12,234.2
Req 1) Journal Entry for Cost of Goods Sold:
Accounts Title Debit $ Credit $
Cost of Goods Sold 12234.2
Finished Goods Inventory 12234.2
(being COGS for Job 1324 recorded)
Add a comment
Know the answer?
Add Answer to:
Aquazona Pool Company is a custom pool builder. The company recently completed a pool for the...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Aquazona Pool Company is a custom pool builder. The company recently completed a pool for the...

    Aquazona Pool Company is a custom pool builder. The company recently completed a pool for the Drayna family (Job 1324) as summarized on the incomplete job cost sheet below. Job Cost Sheet Job Number: 1324 Date Started: 7/8/2018 Date Completed: 8/30/2018 Description: Drayna Pool Applied Manufacturing Overhead Hours Rate Amount Direct Materials Reg. No Amount MR 3345 $1,500 MR 3372 1,000 MR 4251 1,250 MR 4263 1,750 MR 5236 2,000 $7,500 Direct Labor Ticket Hours Amount TT 335 31 $...

  • Aquazona Pool Company is a custom pool builder. The company recently completed a pool for the...

    Aquazona Pool Company is a custom pool builder. The company recently completed a pool for the Drayna family (Job 1324) as summarized on the incomplete job cost sheet below. Job Cost Sheet Job Number: 1324 Date Started: 7/8/2018 Date Completed: 8/30/2018 Description: Drayna Pool Applied Direct Materials Direct Labor Manufacturing Overhead Req. No Amount Ticket Hours Amount Hours Rate Amount MR 3345 $ 1,600 TT 335 27 $ 553.50 MR 3372 930 TT 340 46 943.00 MR 4251 1,290 TT...

  • Aquazona Pool Company is a custom pool builder. The company recently completed a pool for the...

    Aquazona Pool Company is a custom pool builder. The company recently completed a pool for the Drayna family (Job 1324) as summarized on the incomplete job cost sheet on the following page. Assume the company bids its pools at total manufacturing cost plus an additional 29 percent. Job Cost Sheet Job Number: 1324 Date Started: 7/8/2016 Date Completed: 8/30/2016 Pool Applied Manufacturing Overhead Direct Materials Direct Labor Req. No Amount Ticket Hours Amount Hours Rate Amount MR 3345 MR 3372...

  • Aquazona Pool Company is a custom pool builder. The company recently completed a pool for the...

    Aquazona Pool Company is a custom pool builder. The company recently completed a pool for the Drayna family (Job 1324) as summarized on the incomplete job cost sheet below.. Assume the company bids its pools at total manufacturing cost plus an additional 32 percent. Job Cost Sheet Job Number: 1324 Date Started: 7/8/2018 Date Completed: 8/30/2018 Description: Drayna Pool Applied Manufacturing Overhead Hours Rate Amount Direct Materials Req. No Amount MR 3345 $1,430 MR 3372 1,020 MR 4251 1,200 MR...

  • Aquazona Pool Company is a custom pool builder. The company recently completed a pool for the...

    Aquazona Pool Company is a custom pool builder. The company recently completed a pool for the Drayna family (Job 1324) as summarized on the incomplete job cost sheet on the following page. Job Cost Sheet Job Number: 1324 Date Started: 7/8/2016 Date Completed: 8/30/2016 : Drayna Pool Direct Materials Direct Labor Manufacturing Overhead Hours Rate Amount Req. No Amount Ticket Hours Amount 37 $ 762.20 988.80 762.20 638.60 453.20 175 $3,605.00 MR 3345 1,590 MR 3372 1,040 51 1,320 MR...

  • Aquazona Pool Company is a custom pool builder. The company recently completed a pool for the...

    Aquazona Pool Company is a custom pool builder. The company recently completed a pool for the Drayna family (Job 1324) as summarized on the incomplete job cost sheet below.. Assume the company bids its pools at total manufacturing cost plus an additional 37 percent. Job Cost Sheet Job Number : 1324 Date Started: 7/8/2018 Date Completed: 8/30/2018 Description: Drayna Pool Applied Manufacturing Overhead Direct Materials Direct Labor Req. No MR 3345 $1,500 Ticket Amount Amount Hours Amount Hours Rate тт...

  • E2-16 (Algo) Preparing Journal Entries [LO 2-S1) Aquazona Pool Company is a custom pool builder. The...

    E2-16 (Algo) Preparing Journal Entries [LO 2-S1) Aquazona Pool Company is a custom pool builder. The company recently completed a pool for the Drayna family (Job 1324) as summarized on the incomplete job cost sheet below.. Assume the company bids its pools at total manufacturing cost plus an additional 20 percent. Job Cost Sheet Job Number: 1324 Date Started: 7/8/2018 Date Completed: 8/30/2018 Description: Drayna Pool Applied Direct Materials Direct Labor Manufacturing Overhead Reg. No Amount Ticket Hours Amount Hours...

  • Please don't use hand writing because its hard for me to understand most hand writing. Please...

    Please don't use hand writing because its hard for me to understand most hand writing. Please type, etc. Please explain how it works. Thank you. Aquazona Pool Company is a custom pool builder. The company recently completed a poor for the Brayna family (Job 1324) as summarized on the incomplete Job cost sheet below. Job Cost Sheet Job Number: 1324 Date Started: 7/8/2018 Date Completed: 8/30/2018 Description: Drayna Pool Applied Manufacturing Overhead Hours Rate Amount Direct Materials Req. No Amount...

  • Geller Cabinets is a custom cabinet builder. They recently completed a set of kitchen cabinets (Job...

    Geller Cabinets is a custom cabinet builder. They recently completed a set of kitchen cabinets (Job Number 12478), as summarized below: Job Number:12478 Date Started: 8/05/20x8 Date Completed: 8/25/20x8 Description: Butternut kitchen cabinets Applied Manufacturing Overhead Hours Rate Amount Direct Materials Direct Labor Reg. No Amount Ticket Hours Amount 385 $ 375 128 18 $ 360 391 300 130 27 567 395 135 133 8 156 401 410 141 13 338 Total $1,220 Total 66 $1,421 Cost Summary Direct Material...

  • Green Cabinets is a custom cabinet builder. They recently completed a set of kitchen cabinets (Job...

    Green Cabinets is a custom cabinet builder. They recently completed a set of kitchen cabinets (Job Number 1478), as summarized below: Job Number: 1478 Date Started: 4/07/20x8 Date Completed: 4/22/20x8 Description: Cherry kitchen cabinets Applied Manufacturing Overhead Hours Rate Amount Direct Materials Direct Labor Reg. No Amount Ticket Hours Amount 385 $ 360 128 14 $ 280 391 300 130 28 574 395 155 133 10 240 401 230 Total $1,045 Total 52 $1,094 Cost Summary Direct Material Cost $1,045...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT