Job 86 | Job 87 | ||||||
Applied OH | 888 | 2,220 | |||||
Direct Labor | 1,200 | 3,000 | |||||
74.00% | 74.00% | ||||||
1 | 74.00% | ||||||
2 | Job 86 | Job 87 | Job 88 | Job 89 | |||
Beginning Balance, March 1 | 6,888 | 6,820 | - | - | |||
Direct Material | 3,000 | 7,000 | 2,100 | 1,500 | |||
Direct Labor | 800 | 6,000 | 900 | 500 | |||
Applied OH | 592 | 4,440 | 666 | 370 | |||
Total March 31 | 11,280 | 24,260 | 3,666 | 2,370 | |||
Status | Completed | Completed | WIP | Completed | |||
Status 2 | Inventory | Sold | Inventory | ||||
3 | Work in Progress | 3,666 | Job 88 | ||||
Finished Goods | 13,650 | (Job 86&89) | |||||
4 | COGS for March: | 24,260 | (Job 87) | ||||
Prepare Job-Order Cost Sheets, Predetermined Overhead Rate, Ending Balance of WIP, Finished Goods, and COGS At...
Prepare Job-Order Cost Sheets, Predetermined Overhead Rate, Ending Balance of WIP, Finished Goods, and COGS At the beginning of June, Rhone Company had two jobs in process, Job 44 and Job 45, with the following accumulated cost information: Job 44 Job 45 Direct materials $5,100 $1,500 Direct labor 1,200 3,000 Applied overhead 780 1.950 Balance, June 1 $7,080 $6,450 During June, two more jobs (46 and 47) were started. The following direct materials and direct labor costs were added to...
Prepare Job-Order Cost Sheets, Predetermined Overhead Rate, Ending Balance of WIP, Finished Goods, and COGS At the beginning of June, Rhone Company had two jobs in process, Job 44 and Job 45, with the following accumulated cost information: Job 44 Job 45 Direct materials $5,300 $1,300 Direct labor 1,400 3,100 Applied overhead 980 2,170 Balance, June 1 $7,680 $6,570 During June, two more jobs (46 and 47) were started. The following direct materials and direct labor costs were added to...
Prepare Job-Order Cost Sheets, Predetermined Overhead Rate, Ending Balance of WIP, Finished Goods, and COGS At the beginning of June, Donewell Company had two jobs in process, Job 44 and Job 45, with the following accumulated cost information: Job 44 Job 45 Direct materials $5,000 $1,800 Direct labour 4,400 3,520 Applied overhead 3,800 3,040 Balance, June 1 $13,200 $8,360 During June, two more jobs (46 and 47) were started. The following direct materials and direct labour costs were added to...
Job-Order Cost Sheets, Balance in Work in Process and Finished Goods Prull Company, a job-order costing firm, worked on three jobs in July. Data are as follows: Job 86 Job 87 Job 88 Balance, July 1 $21,320 $6,300 $0 Direct materials $10,490 $12,280 $16,210 Direct labor $16,000 $12,150 $23,990 Machine hours 480 290 1,020 Overhead is applied to jobs at the rate of $16 per machine hour. By July 31, Jobs 86 and 88 were completed. Jobs 82 and 86...
Instructions Job-Order Cost Sheets, Balance In Work in Process and Finished Goods Prull Company, a job-order costing firm, worked on three jobs in July. Data are as follows: Job 86 Job 87 Job 88 Balance, July 1 $21,330 $6,250 $0 Direct materials $10,470 $12,220 $16,070 Direct labor $16,030 $12,200 $23,910 Machine hours 520 280 1,010 Overhead is applied to jobs at the rate of $17 per machine hour. By July 31, Jobs 86 and 88 were completed. Jobs 82 and...
Job-Order Cost Sheets, Balance in Work in Process and Finished Goods Prull Company, a job-order costing firm, worked on three jobs in July. Data are as follows: Job 86 Job 87 Job 88 Balance, July 1 $15,310 $4,250 $0 Direct materials $4,450 $10,300 $13,150 Direct labor $16,000 $12,200 $24,000 Machine hours 500 300 1,000 Overhead is applied to jobs at the rate of $10 per machine hour. By July 31, Jobs 86 and 88 were completed. Jobs 82 and 86...
Job-Order Cost Sheets, Balance in Work in Process and Finished Goods Prull Company, a job-order costing firm, worked on three jobs in July. Data are as follows: Job 86 Job 87 Job 88 Balance, July 1 $21,320 $6,300 $0 Direct materials $10,490 $12,280 $16,210 Direct labor $16,000 $12,150 $23,990 Machine hours 480 290 1,020 Overhead is applied to jobs at the rate of $16 per machine hour. By July 31, Jobs 86 and 88 were completed. Jobs 82 and 86...
help please. theres a lot of pictures, but it is 1
problem.
Prepare Job-Order Cost Sheets, Predetermined Overhead Rate, Ending Balance of WIP, Finished Goods, and Instructions Amount Descriptions Overhead Rate Job-Order Cost Sheets Concluding Questions Instructions Prepare Job-Order Cost Sheets, Predetermined Overhead Rate, Ending Balance of WIP, Finished Goods, and COGS At the beginning of June, Rhone Company had two jobs in process, Job 44 and Job 45, with the following accumulated cost information: Job 44 Job 45 Direct...
Job-Order Cost Sheets, Balance in Work in Process and Finished Goods Golding Company, a job-order costing firm, worked on three jobs in July. Data are as follows: Balance, July 1 Direct materials Direct labor Machine hours Job 106 $21,310 $10,450 $16,000 500 Job 107 $6,250 $12,300 $12,200 300 Job 108 $0 $16,150 $24,000 1,000 Overhead is applied to jobs at the rate of $16 per machine hour. By July 31, Jobs 106 and 108 were completed. Jobs 102 and 106...
3. calculate the ending balances of work in process and finished
goods as of June 30.
A. WIP:
B, FG:
4. calculate cost of goods sold for June.
4.5 At the beginning of June, Galway Company had two jobs in process, Job 78 and Job 79, with the following accumulated cost information: Job 79 Direct materials Direct labor Applied overhead Balance, June 1 Job 78 $1,000 600 750 $2,350 $ 800 1,000 1.250 $3,050 During June, two more jobs (80...