Homework Answers
Journal entry
| No | account and explanation | Debit | Credit |
| 1 | Work in process (1940*10) | 19400 | |
| Manufacturing overhead | 19400 | ||
| (To record overhead applied) | |||
| 2 | Manufacturing overhead | 22520 | |
| Raw material | 3380 | ||
| Wages payable | 2500 | ||
| Cash | 10960 | ||
| Accumulated depreciation-equipment | 5680 | ||
| 3 | Cost of goods sold | 3120 | |
| Manufacturing overhead | 3120 | ||
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Vertzox Company uses a job order cost system with manufacturing overhead applied to products based on...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $190,000. Estimated direct labor cost was $448,400 for 19,000 hours. Actual costs for the most recent month are summarized here: Total Cost $ 44,841 Item Description Direct labor (1,900 hours) Indirect costs Indirect labor Indirect materials Factory rent Factory supervision Factory depreciation Factory janitorial work...
4 Verizox Company uses a job order cost system with manufacturing overhead applied to products based...
4 Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $186,120. Estimated direct labor cost was $469,260 for 19,800 hours. oints Actual costs for the most recent month are summarized here: Total Cost $ 46,927 Iten Description Direct labor (1,980 hours) Indirect costs Indirect labor Indirect materials eBook 2,540 3,45e 3,210 4,770 5,740 1,220...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $191,040. Estimated direct labor cost was $493,520 for 19,900 hours. Actual costs for the most recent month are summarized here: Total Item Description Direct labor (1,990 hours) Cost $49,353 Indirect costs Indirect labor 2,470 3,450 3,220 4,850 5,790 1,220 1,890 4,270 5,320 Indirect materials Factory...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $198,970. Estimated direct labor cost was $474,770 for 19,700 hours. Actual costs for the most recent month are summarized here: Total Cost $ 47, 478 Item Description Direct labor (1,970 hours) Indirect costs Indirect labor Indirect materials Factory rent Factory supervision Factory depreciation Factory janitorial...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $186,120. Estimated direct labor cost was $469,260 for 19,800 hours. Actual costs for the most recent month are summarized here: Total Cost $ 46,927 Item Description Direct labor (1,900 hours) Indirect costs Indirect labor Indirect materials Factory rent Factory supervision Factory depreciation Factory Janitorial work...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on...
Verizox Company uses a job order cost system with manufacturing
overhead applied to products based on direct labor hours. At the
beginning of the most recent year, the company estimated its
manufacturing overhead cost at $172,040. Estimated direct labor
cost was $437,580 for 18,700 hours. Actual costs for the most
recent month are summarized here: Item Description Total Cost
Direct labor (1,870 hours) $ 43,759 Indirect costs Indirect labor
2,530 Indirect materials 3,340 Factory rent 3,360 Factory
supervision 4,710 Factory...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $169,260. Estimated direct labor cost was $457,560 for 18,600 hours. Actual costs for the most recent month are summarized here: Item Description Total Cost Direct labor (1,860 hours) $ 45,757 Indirect costs Indirect labor 2,520 Indirect materials 3,470 Factory rent 3,350 Factory supervision 4,840 Factory...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $175,570. Estimated direct labor cost was $448,880 for 18,100 hours. Actual costs for the most recent month are summarized here: Item Description Total Cost Direct labor (1,810 hours) $ 44,889 Indirect costs Indirect labor 2,590 Indirect materials 3,420 Factory rent 3,240 Factory supervision 4,750 Factory...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $175,570. Estimated direct labor cost was $448,880 for 18,100 hours. Actual costs for the most recent month are summarized here: Item Description Total Cost Direct labor (1,810 hours) $ 44,889 Indirect costs Indirect labor 2,590 Indirect materials 3,420 Factory rent 3,240 Factory supervision 4,750 Factory...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $175,570. Estimated direct labor cost was $448,880 for 18,100 hours. Actual costs for the most recent month are summarized here: Item Description Total Cost Direct labor (1,810 hours) $ 44,889 Indirect costs Indirect labor 2,590 Indirect materials 3,420 Factory rent 3,240 Factory supervision 4,750 Factory...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $190,000. Estimated direct labor cost was $448,400 for 19,000 hours. Actual costs for the most recent month are summarized here: Total Cost $ 44,841 Item Description Direct labor (1,900 hours) Indirect costs Indirect labor Indirect materials Factory rent Factory supervision Factory depreciation Factory janitorial work...
4 Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $186,120. Estimated direct labor cost was $469,260 for 19,800 hours. oints Actual costs for the most recent month are summarized here: Total Cost $ 46,927 Iten Description Direct labor (1,980 hours) Indirect costs Indirect labor Indirect materials eBook 2,540 3,45e 3,210 4,770 5,740 1,220...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $191,040. Estimated direct labor cost was $493,520 for 19,900 hours. Actual costs for the most recent month are summarized here: Total Item Description Direct labor (1,990 hours) Cost $49,353 Indirect costs Indirect labor 2,470 3,450 3,220 4,850 5,790 1,220 1,890 4,270 5,320 Indirect materials Factory...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $198,970. Estimated direct labor cost was $474,770 for 19,700 hours. Actual costs for the most recent month are summarized here: Total Cost $ 47, 478 Item Description Direct labor (1,970 hours) Indirect costs Indirect labor Indirect materials Factory rent Factory supervision Factory depreciation Factory janitorial...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $186,120. Estimated direct labor cost was $469,260 for 19,800 hours. Actual costs for the most recent month are summarized here: Total Cost $ 46,927 Item Description Direct labor (1,900 hours) Indirect costs Indirect labor Indirect materials Factory rent Factory supervision Factory depreciation Factory Janitorial work...
Verizox Company uses a job order cost system with manufacturing
overhead applied to products based on direct labor hours. At the
beginning of the most recent year, the company estimated its
manufacturing overhead cost at $172,040. Estimated direct labor
cost was $437,580 for 18,700 hours. Actual costs for the most
recent month are summarized here: Item Description Total Cost
Direct labor (1,870 hours) $ 43,759 Indirect costs Indirect labor
2,530 Indirect materials 3,340 Factory rent 3,360 Factory
supervision 4,710 Factory...
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