Question

Wonderama Playgrounds, Inc. manufactures playground equipment for parks and schools. Their business year is the calendar year
Jan. 17 Sold and shipped Job #351 to the Smart Contractors. Wonderama Playgrounds, Inc. uses a perpetual inventory system. Ja
Transferred the completed job #350 to the Finished Goods account Sold and shipped Job #350 to Lawson Corporation. Jan. 31 Pai
only need the ones highlighted and job cost. please help.

Wonderama Playgrounds, Ine JOB COST RECORD Date Promised Lawson Corporate Der Haley Park Dule Completed January 29, 2020 Dece
JOB COST RECORD Job : 353 Date Promised: Customer Name: Grant Hughes Company Date Started: Job Description: Belmont Park Date
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Answer #1
JOB COST RECORD
Job #: 350 Date Completed: January 30, 2020
Date Direct Materials Direct Labor Factory Overhead JOB TOTAL
12/15 9360.00
12/31 15020.00 18775.00
1/23 4765.00
1/30 5980.00 11242.00 14052.50
Totals 20105.00 26262.00 32827.50 79194.50
JOB COST RECORD
Job #: 351 Date Completed: January 15, 2020
Date Direct Materials Direct Labor Factory Overhead JOB TOTAL
12/18 7198.00
12/31 8395.00 10493.75
1/15 3860.00 10380.00 12975.00
Totals 11058.00 18775.00 23468.75 53301.75
JOB COST RECORD
Job #: 352 Date Completed: January 26, 2020
Date Direct Materials Direct Labor Factory Overhead JOB TOTAL
12/19 13990.00
12/31 7250.00 9062.50
1/26 2359.72 1586.00 1982.50
Totals 16349.72 8836.00 11045.00 36230.72
JOB COST RECORD
Job #: 353 Date Completed: January 27, 2020
Date Direct Materials Direct Labor Factory Overhead JOB TOTAL
12/22 6750.00
12/31 10935.00 13668.75
1/27 4683.87 3168.00 3960.00
Totals 11433.87 14103.00 17628.75 43165.62
JOB COST RECORD
Job #: 354 Date Completed:
Date Direct Materials Direct Labor Factory Overhead JOB TOTAL
1/31 5540.00 12257.00 15321.25
Totals 5540.00 12257.00 15321.25 33118.25
Date General Journal Debit Credit
Jan. 30 Work in process 11242.00
Wages payable 11242.00
(To record direct labor applied)
Jan. 30 Work in process (125% x $11242) 14052.50
Factory Overhead 14052.50
(To record factory overhead applied)
Jan. 30 Finished goods 79194.50
Work in process 79194.50
(To record job completed and transferred)
Jan. 31 Accounts receivable (140% x $79194.50) 110872.30
Sales revenue 110872.30
(To record sales on account)
Jan. 31 Cost of goods sold 79194.50
Finished goods 79194.50
(To record cost of job sold)
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