Date | Account | Debit | Credit |
Jan 31 | Work in Process Inventory (930+1200+770) | 2900 | |
Manufacturing overhead | 700 | ||
Raw materials inventory | 3600 |
In January, Dieker Company requisitions raw materials for production as follows: Job 1 $930, Job 2...
In January, Coronado company requisitions raw materials for production as follows: Job 1 $950, Job 2 $1,300, Job 3 $800, and general factory use indirect materials) $610. Prepare a summary journal entry to record raw materials used. (Credit account titles are automatically indented when amount is entered. Do not internt manually.) Debit Credit Date Account Titles and Explanation Jan. 31 Work in Process Inventory Manufacturing Overhead 610 Raw Materials Inventory Click if you would like to show Work for this...
Brief Exercise 2-3 In January, Dieker Company requisitions raw materials for production as follows: Job 1 $930, Job 2 $1,200, Job 3 $780, and general factory use $710. Prepare a summary journal entry to record raw materials used. Brief Exercise 2-4 During January, time tickets show that the factory labor of $6,700 was used as follows: Job 1 $2,330, Job 2 $1,770, Job 3 $1,620, and general factory use $980. Prepare a summary journal entry to record factory labor used.
Accounting y Updates Question 2 ssions View Policies Current Attempt in Progress erences aborations In January, Dieker Company requisitions raw materials for production as follows Job 15990. Job 2 $1,300, Job 3 5770, and general factory use $700 PLUS Support Prepare a summary journal entry to record raw materials used. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit Jan. 31
During January, its first month of operations, Dieker Company accumulated the following manufacturing costs: raw materials $5,400 on account, factory labor $7,300 of which $5,600 relates to factory wages payable and $1,700 relates to payroll taxes payable, and factory utilities payable $2,600. Prepare separate journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 31 (To record purchase of raw...
During January, its first month of operations, Dieker Company accumulated the following manufacturing costs: raw materials $5,400 on account, factory labor $6,700 of which $5,900 relates to factory wages payable and $800 relates to payroll taxes payable, and factory utilities payable $2,100. Prepare separate journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 31 enter an account title to...
During January, time tickets show that the factory labor of 6,300 was used as follows: Job 1 $2,380, Job 2 $1,700, Job 3 $1,690, and general factory use $530. Prepare a summary journal entry to record factory labor used. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Tities and Explanation Debit Credit Jan. 31 udy
**MUST BE ABLE TO ANSWER ALL QUESTIONS**
A) During January, its first month of
operations, Dieker Company accumulated the following manufacturing
costs: raw materials $5,400 on account, factory labor $6,100 of
which $5,900 relates to factory wages payable and $200 relates to
payroll taxes payable, and utilities payable $2,500.
Prepare separate journal entries for each type of manufacturing
cost.
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B) In January, Dieker Company requisitions raw
materials for production as follows: Job 1 $970, Job 2 $1,400, Job
3...
During January, its first month of operations, Sunland Company accumulated the following manufacturing costs: raw materials $5,700 on account, factory labor $6,300 of which $5,500 relates to factory wages payable and $800 relates to payroll taxes payable, and factory utilities payable $2,700. Prepare separate journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 31 (To record purchase of raw...
Exercise 130 On December 31, 2017, Dieker Company sells equipment to Tabor Inc. for $125,000. Dieker includes a 1-year assurance warranty service with the sale of all its equipment. The customer receives and pays for the equipment on December 31, 2017. Dieker estimates the prices to be $123,000 for the equipment and $2,000 for the cost of the warranty. Prepare the journal entry to record this transaction on December 31, 2017. (Credit account titles are automatically indented when amount is...
During January, time tickets show that the factory labor of $6,700 was used as follows: Job 1 $2,330, Job 2 $1,710, Job 3 $1,560, and general factory use (indirector) $1,100. Prepare a summary journal entry to record factory labor used. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit Jan. 31 Work in Process Inventory Manufacturing Overhead Factory Labor Click if you would like to Show Work for...