Job |
Direct Materials |
Direct Labor |
Manufacturing Overhead |
Total |
A20 |
$37940 |
$18100 |
($18100 * 87%) =$15747 |
$71787 |
A21 |
$44220 |
$24100 |
($24100 * 87%) =$20967 |
$89287 |
A23 |
$41470 |
$26600 |
($26600 * 87%) =$23142 |
$91212 |
$252286 |
No. |
Account Titles & Explanations |
Debit |
Credit |
(1) |
Raw Materials Inventory |
$197600 |
|
Accounts Payable |
$197600 |
||
(To record materials purchased) |
|||
Factory Labor |
$92500 |
||
Factory Wages Payable |
$92500 |
||
(To record factory wages) |
|||
(2) |
Work in Process Inventory |
$160830 |
|
Manufacturing Overhead |
$5270 |
||
Raw Materials Inventory |
$166100 |
||
(To record materials put into production) |
|||
Work in Process Inventory |
$85100 |
||
Manufacturing Overhead |
$7400 |
||
Factory Labor |
$92500 |
||
(To record labor put into production.) |
|||
(3) |
Manufacturing Overhead |
$50500 |
|
Accounts Payable |
$50500 |
||
(4) |
Manufacturing Overhead |
$16650 |
|
Accumulated Depreciation--Equipment |
$16650 |
||
(5) |
Work in Process Inventory ($85100 * 87%) |
$74037 |
|
Manufacturing Overhead |
$74037 |
||
(6) |
Finished Costs Inventory |
$252286 |
|
Work in Process Inventory |
$252286 |
Exercise 15-08 Your answer is partially correct. Try again. Enos Printing Corp. uses a job order...
Exercise 16-8 Your answer is partially correct. Try again. Enos Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter’s production. 1. Materials purchased on account $193,600, and factory wages incurred $94,300. 2. Materials requisitioned and factory labor used by job: Job Number Materials Factory Labor A20 $37,540 $19,300 A21 45,820 23,300 A22 37,300 17,100 A23 41,470 26,600 General factory use 4,770 8,000 $166,900 $94,300 3. Manufacturing overhead costs incurred on...
Exercise 16-8 Your answer is partially correct. Try again. Enos Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter?s production. 1. Materials purchased on account $192,000, and factory wages incurred $87,300. 2. Materials requisitioned and factory labor used by job: Job Number Materials Factory Labor A20 $35,240 $18,000 A21 42,920 22,000 A22 36,100 15,000 A23 39,270 25,000 General factory use 4,470 7,300 $158,000 $87,300 3. Manufacturing overhead costs incurred on...
Exercise 15-08 Enos Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter's production. 1. Materials purchased on account $196,300, and factory wages incurred $94,100. 2. Materials requisitioned and factory labor used by job: Factory Labor Job Number A20 A21 A22 A23 General factory use Materials $36,540 44,220 38,100 42,070 5,170 $166,100 $19,500 23,300 16,800 26,600 7,900 $94,100 3. Manufacturing overhead costs incurred on account $52,700. 4. Depreciation on factory equipment...
CALCULATE Exercise 2-8 (Video) Enos Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter's production. 1. Materials purchased on account $194,000, and factory wages incurred $91,800. 2. Materials requisitioned and factory labor used by job: Job Number A20 A21 A22 A23 General factory use Materials $37,740 45,720 37,400 40,770 4,570 $166,200 Factory Labor $19,400 23,100 15,700 25,200 8,400 $91,800 3. Manufacturing overhead costs incurred on account $52,300. 4. Depreciation on...
Exercise 15-08 Enos Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter's production. 1. Materials purchased on account $194,400, and factory wages incurred $90,400. 2. Materials requisitioned and factory labor used by job: Job Number Materials Factory Labor A20 $36,540 $18,100 A21 45,720 22,800 A22 36,800 15,800 A23 40,570 26,200 General factory use 4,870 7,500 $164,500 $90,400 3. Manufacturing overhead costs incurred on account $50,900. 4. Depreciation on factory equipment...
Enos Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter’s production. 1. Materials purchased on account $ 197,900, and factory wages incurred $ 93,100. 2. Materials requisitioned and factory labor used by job: Job Number Materials Factory Labor A20 $ 37,740 $ 19,200 A21 44,320 23,600 A22 38,000 15,600 A23 41,770 27,100 General factory use 5,270 $167,100 7,600 $93,100 3. Manufacturing overhead costs incurred on account $ 53,000. 4. Depreciation...
Coronado Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter’s production. 1. Materials purchased on account $197,100, and factory wages incurred $93,300. 2. Materials requisitioned and factory labor used by job: Job Number Materials Factory Labor A20 $37,840 $19,000 A21 44,620 23,700 A22 36,700 15,700 A23 40,370 26,500 General factory use 5,270 8,400 $164,800 $93,300 3. Manufacturing overhead costs incurred on account $52,200. 4. Depreciation on factory equipment $16,750. 5....
Exercise 15-08 (Video) Crane Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter's production. 1. Materials purchased on account $193,000, and factory wages incurred $87,800. 2. Materials requisitioned and factory labor used by job: Job Number Materials A20 A21 A22 $36,240 43,920 36,200 40,270 4,570 $ 161,200 Factory Labor $18,100 22,100 15,100 25,100 7,400 $87,800 A23 General factory use 3. Manufacturing overhead costs incurred on account $49,600. 4. Depreciation on...
Enos Printing Corp. uses a job order cost system. The following data summarize the operations related to the hirst quarter production. 1. Materials purchased on account $196,100, and factory wages incurred $92,200. Materials requisitioned and factory labor used by job: 2. Job Number A20 A21 A22 Materials $36.940 44,720 37.800 41,170 4,570 $165,200 Factory Labor $19,900 22,200 15,900 26,400 7,800 $92,200 A23 General factory use 3. 4. 5. Manufacturing overhead costs incurred on account $50,100. Depreciation on factory equipment $16,550....
Enos Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter's production. 1. Materials purchased on account $194,800, and factory wages incurred $91,400 2. Materials requisitioned and factory labor used by job: Job Number A20 A21 A22 A23 General factory use Materials $36,740 45,220 37,600 40,370 4,670 $164.500 Factory Labor $18,100 22,500 16,200 26,200 8,400 $91,100 3. Manufacturing overhead costs incurred on account $51,900. 4. Depreciation on factory equipment $17,350. 5....