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adaptive wileyplus.com Ch 15: Adaptive Practice WileyPLUS Adaptive Practice Accounting, 7e Ch 15: Job Order Costing...
adaptive wileyplus.com 15 Adatve Practice Learning Personalised Practice Test WileyPLUS Adaptive Practice Accounting, 7e Practice -...
adaptive wileyplus.com 15 Adatve Practice Learning Personalised Practice Test WileyPLUS Adaptive Practice Accounting, 7e Practice - Ch 15: Job Order Costing Q 15.25: Lodge Industries plan to apply overhead using direct labor dollars as the activity base. Lodge's actual overhead costs for the year, were $2,030,000, its actual direct labor cost was $1,540,000, and its actual machine hours were 364. At the beginning of the year, Lodge anticipated annual overhead costs would be $2,100,000, its direct labor costs would be...
Lorrimer Company has a job-order cost system. The following debits (credits) appeared in the Work-in-Process account...
Lorrimer Company has a job-order cost system. The following debits (credits) appeared in the Work-in-Process account for the month of June. June 1, balance $12,000 June 30, direct materials 50,000 During the month of June, direct labor totaled $30,000 and $24,000 of overhead was applied to production. Finished Goods was debited $100,000 during June. Lorrimer Company applies overhead at a predetermined rate of 80% of direct labor cost. Job number 83, the only job still in process at the end...
Mary's Landscaping uses a job order cost system. The following debits (credits) appeared in Work- in-Process...
Mary's Landscaping uses a job order cost system. The following debits (credits) appeared in Work- in-Process Inventory for August: August 1 For the month For the month For the month For the month Description Balance Direct materials Direct labor Factory overhead To finished goods Amount $ 12,500 81,000 54,000 43,200 (162,000) Mary's applies overhead to production at a predetermined rate of 80 percent based on direct labor cost. Job 3318, which was started during August and is the only job...
d overhead ek in Process 39. MK Company uses a job order costing system and applies...
d overhead ek in Process 39. MK Company uses a job order costing system and applies overhead to jobs at a predetermined a 45% of direct labor cost. For the month of July, the following debits (credits) were in the Work in Pa account: $40,000 Beginning balance Direct materials 200,000 Direct labor 160,000 Manufacturing overhead 72,000 Cost of goods manufactured (438,000) Job A300, the only job in process at the end of July, was charged with manufacturing overhead of $9,000....
Mary's Landscaping uses a job order cost system. The following debits (credits) appeared in Work-in-Process Inventory...
Mary's Landscaping uses a job order cost system. The following debits (credits) appeared in Work-in-Process Inventory for August: Description Amount August 1 Balance $ 13,700 For the month Direct materials 81,100 For the month Direct labor 54,800 For the month Factory overhead 46,032 For the month To finished goods ( 161,800 ) Mary's applies overhead to production at a predetermined rate of 84 percent based on direct labor cost. Job 3318, which was started during August and is the only...
Birk Co. uses a job order costing system. The following debits (credits) appeared in Birk's work-in-process...
Birk Co. uses a job order costing system. The following debits (credits) appeared in Birk's work-in-process account for the month of April: April Description Amount 1 Balance $ 6,000 30 Direct materials 25,000 30 Direct labor 16,500 30 Factory overhead 13,300 30 To finished goods (49,500) Birk applies overhead to production at a predetermined rate of 80% of direct labor cost. Job No. 5, the only job still in process on April 30 has...
only need PE19-3B Chapter 19 Job Order Costing 19-2 PE 19-20 PE Direct laber costs Durin...
only need PE19-3B
Chapter 19 Job Order Costing 19-2 PE 19-20 PE Direct laber costs Durin August, Hothchild Company accumulated 3.500 hours on 40 and 4.200 hours on Job 42. The total direct OB 2 Accumulated 1500 hours of direct labor costs on Job OD 12. The total direct later was incurred at a rate of 25.00 10 and $23.50 per direct labor hour for Job 42. Journalize the w of labor costs into production during August est lalo try...
only need PE19-2B Chapter 19 Job Order Costing 19-2 PE 19-20 PE Direct laber costs Durin...
only need PE19-2B
Chapter 19 Job Order Costing 19-2 PE 19-20 PE Direct laber costs Durin August, Hothchild Company accumulated 3.500 hours on 40 and 4.200 hours on Job 42. The total direct OB 2 Accumulated 1500 hours of direct labor costs on Job OD 12. The total direct later was incurred at a rate of 25.00 10 and $23.50 per direct labor hour for Job 42. Journalize the w of labor costs into production during August est lalo try...
Kieso Intermediate Accounting 17e WileyPLUS Adaptive Practice TIME SPENT QUIT My Performance Practice-Ch 8: Valuation of...
Kieso Intermediate Accounting 17e WileyPLUS Adaptive Practice TIME SPENT QUIT My Performance Practice-Ch 8: Valuation of Inventories: A Cost-B... 00:01:37 Q8.28 Before any year-end adjustments, the Ryan Company's accounts payable had a total of $950,000 at December 31, 2020. The following adjustments were made: Goods were in transit to Ryan from a vendor on December 31, 2020. The invoice cost was $40,000. The goods were shipped f.o.b. shipping point on December 29, 2020 and were received on January 4, 2021...
Managerial Accounting - predetermined overhead ABC Company uses a job-order costing system and a predetermined overhead...
Managerial Accounting - predetermined overhead
ABC Company uses a job-order costing system and a predetermined overhead rate based on machine hours. At the beginning of the year, the company estimated the followings: $ Factory overhead Machine hours 50,000 8,000 The following information pertains to December of the current year: Work-in-Process, December 1 Materials requisitioned Direct labor cost Actual machine hours Job 101 Job 201 $ 6,000 $ 2,500 $ $ 1,200 $ 800 $ $ 1,000 $ 400 $ 300...
adaptive wileyplus.com 15 Adatve Practice Learning Personalised Practice Test WileyPLUS Adaptive Practice Accounting, 7e Practice - Ch 15: Job Order Costing Q 15.25: Lodge Industries plan to apply overhead using direct labor dollars as the activity base. Lodge's actual overhead costs for the year, were $2,030,000, its actual direct labor cost was $1,540,000, and its actual machine hours were 364. At the beginning of the year, Lodge anticipated annual overhead costs would be $2,100,000, its direct labor costs would be...
Mary's Landscaping uses a job order cost system. The following debits (credits) appeared in Work- in-Process Inventory for August: August 1 For the month For the month For the month For the month Description Balance Direct materials Direct labor Factory overhead To finished goods Amount $ 12,500 81,000 54,000 43,200 (162,000) Mary's applies overhead to production at a predetermined rate of 80 percent based on direct labor cost. Job 3318, which was started during August and is the only job...
d overhead ek in Process 39. MK Company uses a job order costing system and applies overhead to jobs at a predetermined a 45% of direct labor cost. For the month of July, the following debits (credits) were in the Work in Pa account: $40,000 Beginning balance Direct materials 200,000 Direct labor 160,000 Manufacturing overhead 72,000 Cost of goods manufactured (438,000) Job A300, the only job in process at the end of July, was charged with manufacturing overhead of $9,000....
only need PE19-3B
Chapter 19 Job Order Costing 19-2 PE 19-20 PE Direct laber costs Durin August, Hothchild Company accumulated 3.500 hours on 40 and 4.200 hours on Job 42. The total direct OB 2 Accumulated 1500 hours of direct labor costs on Job OD 12. The total direct later was incurred at a rate of 25.00 10 and $23.50 per direct labor hour for Job 42. Journalize the w of labor costs into production during August est lalo try...
only need PE19-2B
Chapter 19 Job Order Costing 19-2 PE 19-20 PE Direct laber costs Durin August, Hothchild Company accumulated 3.500 hours on 40 and 4.200 hours on Job 42. The total direct OB 2 Accumulated 1500 hours of direct labor costs on Job OD 12. The total direct later was incurred at a rate of 25.00 10 and $23.50 per direct labor hour for Job 42. Journalize the w of labor costs into production during August est lalo try...
Kieso Intermediate Accounting 17e WileyPLUS Adaptive Practice TIME SPENT QUIT My Performance Practice-Ch 8: Valuation of Inventories: A Cost-B... 00:01:37 Q8.28 Before any year-end adjustments, the Ryan Company's accounts payable had a total of $950,000 at December 31, 2020. The following adjustments were made: Goods were in transit to Ryan from a vendor on December 31, 2020. The invoice cost was $40,000. The goods were shipped f.o.b. shipping point on December 29, 2020 and were received on January 4, 2021...
Managerial Accounting - predetermined overhead
ABC Company uses a job-order costing system and a predetermined overhead rate based on machine hours. At the beginning of the year, the company estimated the followings: $ Factory overhead Machine hours 50,000 8,000 The following information pertains to December of the current year: Work-in-Process, December 1 Materials requisitioned Direct labor cost Actual machine hours Job 101 Job 201 $ 6,000 $ 2,500 $ $ 1,200 $ 800 $ $ 1,000 $ 400 $ 300...
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