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) |
only need the ones highlighted and job cost. please help. Wonderama Playgrounds, Inc. manufactures playground equipment...
journalize Wonderama Playgrounds, Inc. manufactures playground equipment for parks and schools. Their business year is the calendar year and they use a job-order cost system for inventory and sales. Wonderama Playgrounds, Inc. manufactures all products in a single production department. An individual job-order cost sheet is maintained for each job. The job-order cost sheet contains accumulated costs for each job, including actual direct materials, actual direct labor, and applied factory overhead. Factory overhead is applied to each job based on...
journalize ONLY 17-30 Wonderama Playgrounds, Inc. manufactures playground equipment for parks and schools. Their business year is the calendar year and they use a job-order cost system for inventory and sales. Wonderama Playgrounds, Inc. manufactures all products in a single production department. An individual job-order cost sheet is maintained for each job. The job-order cost sheet contains accumulated costs for each job, including actual direct materials, actual direct labor, and applied factory overhead. Factory overhead is applied to each job...
please journalize Wonderama Playgrounds, Inc. manufactures playground equipment for parks and schools. Their business year is the calendar year and they use a job-order cost system for inventory and sales. Wonderama Playgrounds, Inc, manufactures all products in a single production department. An individual job-order cost sheet is maintained for each job. The job-order cost sheet contains accumulated costs for cach job, including actual direct materials, actual direct labor, and applied factory overhead. Factory overhead is applied to each job based...
journalize Wonderama Playgrounds, Inc. manufactures playground equipment for parks and schools. Their business year is the calendar year and they use a job-order cost system for inventory and sales. Wonderama Playgrounds, Inc. manufactures all products in a single production department. An individual job-order cost sheet is maintained for each job. The job-order cost sheet contains accumulated costs for each job, including actual direct materials, actual direct labor, and applied factory overhead. Factory overhead is applied to each job based on...
journal entries needed Wonderama Playgrounds, Inc. manufactures playground equipment for parks and schools. Their business year is the calendar year and they use a job-order cost system for inventory and sales. Wonderama Playgrounds, Inc, manufactures all products in a single production department. An individual job-order cost sheet is maintained for each job. The job-order cost sheet contains accumulated costs for each job, including actual direct materials, actual direct labor, and applied factory overhead. Factory overhead is applied to each job...
Journalize 11:15 Done Wonderama Playgrounds F20 (6 of 69) Chart of Accts Beg. Trial Balance T-Acc CHART OF ACCOUNTS Cash Accounts Receivable Allowance for Doubtful Accounts Prepaid Insurance Office Supplies Inventory: Raw Materials Inventory: Work in Process Inventory: Finished Goods Inventory: Factory Overhead Office Equipment Accumulated Depreciation Office Equip Factory Equipment Accumulated Depreciation Factory Equip Patients Accounts Payable Income Tax Payable Wages Payable Common Stock PIC in Excess of Par - Common Stock Retained Earnings Sales Sales Discounts Cost of...
Journalize 11:15 Done Wonderama Playgrounds F20 (6 of 69) Chart of Accts Beg. Trial Balance T-Acc CHART OF ACCOUNTS Cash Accounts Receivable Allowance for Doubtful Accounts Prepaid Insurance Office Supplies Inventory: Raw Materials Inventory: Work in Process Inventory: Finished Goods Inventory: Factory Overhead Office Equipment Accumulated Depreciation Office Equip Factory Equipment Accumulated Depreciation Factory Equip Patients Accounts Payable Income Tax Payable Wages Payable Common Stock PIC in Excess of Par - Common Stock Retained Earnings Sales Sales Discounts Cost of...
Journalize 11:15 Done Wonderama Playgrounds F20 (6 of 69) Chart of Accts Beg. Trial Balance T-Acc CHART OF ACCOUNTS Cash Accounts Receivable Allowance for Doubtful Accounts Prepaid Insurance Office Supplies Inventory: Raw Materials Inventory: Work in Process Inventory: Finished Goods Inventory: Factory Overhead Office Equipment Accumulated Depreciation Office Equip Factory Equipment Accumulated Depreciation Factory Equip Patients Accounts Payable Income Tax Payable Wages Payable Common Stock PIC in Excess of Par - Common Stock Retained Earnings Sales Sales Discounts Cost of...
PLEASE HELP PREPARE JOURNAL STATEMENTS Jan. 2 Paid Larchmont Advertising Agency $1,363 for designing advertisements to appear in local newspapers in January Jan. 2 Paid Princely Properties S4,250 for the January rent. Of this amount, 30% is for the office facilities and 70% is for the factory facilities. Jan. 4 Received $30,200.00 on account from customers (no discount allowed) Jan. 5 Sold Job #349, which was finished in December 2019 at a total cost of $39,800, to Happy Jacks Preschool...
help plz! A job order cost sheet for Bonita Company is shown below. Job No. 92 For 2,000 Units Direct Materials Direct Labor Manufacturing Overhead Date Beg. bal. Jan. 1 7,000 7,000 4,900 7,000 10,000 7,500 2,500 5,000 22.000 3,750 16,150 16,500 Cost of completed job: Direct materials Direct labor Manufacturing overhead Total cost Unit cost ($54,650 = 2,000) $16.500 22.000 16,150 $54,650 $27.33 (a) On the basis of the foregoing data, answer the following questions. (1) What was the...