Question

Entry for Issuing Materials Materials issued for the current month are as follows: Requisition No. Material Job No. Amount 10

1 0
Add a comment Improve this question Transcribed image text
✔ Recommended Answer
Answer #1
Work in Process Inventory (26280+39470+3880+86680) 156310
Manufacturing overhead 2330
Raw materials inventory 158640
Add a comment
Know the answer?
Add Answer to:
Entry for Issuing Materials Materials issued for the current month are as follows: Requisition No. Material...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Similar Homework Help Questions
  • Chapter 19- Class Exercises eBook Show Me How Calculator 1. PE. 19-01B Entry for Issuing Materials...

    Chapter 19- Class Exercises eBook Show Me How Calculator 1. PE. 19-01B Entry for Issuing Materials Materials issued for the current month are as follows: 2. PE.19-02A.BLANKSHEET 3. PE.19-03B 4. EX. 19-03 Requisition No. Material Job No. Amount 103 Plastic 400 $ 2,800 104 Steel 402 24,000 105 Glue Indirect 1,620 106 Rubber 3,200 107 Titanium 404 31,600 Journalize the entry to record the issuance of materials. 5. EX. 19-05 6. EX.19-07 For a compound transaction, if an amount box...

  • Entry for Issuing Materials Materials issued are as follows: Requisition No. Material Job No. Amount Aluminum...

    Entry for Issuing Materials Materials issued are as follows: Requisition No. Material Job No. Amount Aluminum 500 $976,000 201 Plastic 503 202 412,300 Rubber 203 504 187,700 Glue Indirect 204 150,000 Steel 510 205 619,000 Journalize the entry to record the issuance of materials. If an amount box does not require an entry, leave it blank.

  • Obj. 2 SHOW ME HOW Amount try for issuing materials Materials issued are as follows: Requisition...

    Obj. 2 SHOW ME HOW Amount try for issuing materials Materials issued are as follows: Requisition No. Material Job No. 201 Aluminum 500 202 Plastic 503 203 Rubber 504 204 Glue Indirect 205 Steel 510 Journalize the entry to record the issuance of materials. $976,000 412,300 187,700 150,000 619,000

  • CH 16 EXERCISES 3,4,8,10,14.15 eBook Show Me How Calci Entry for Issuing Materials 201 Materials issued...

    CH 16 EXERCISES 3,4,8,10,14.15 eBook Show Me How Calci Entry for Issuing Materials 201 Materials issued for the current month are as follows: Requisition No. Material Job No. Amount Aluminum 500 $88,700 Plastic 503 27,600 203 Rubber 504 3,650 204 Glue Indirect 2,250 205 Steel 510 38,750 202 Journalize the entry to record the issuance of materials. For a compound transaction, if an amount box does not require an entry, leave it blank.

  • Chapter 16 Job Order Costing O SHOW ME HOW EX 16-4 Entry for issuing materials Materials...

    Chapter 16 Job Order Costing O SHOW ME HOW EX 16-4 Entry for issuing materials Materials issued for the current month are as follows: Requisition No. Material Job No. 201 Aluminum 500 202 Plastic 503 203 Rubber 504 204 Glue Indirect 205 Steel 510 Journalize the entry to record the issuance of materials. Amount $88,700 27,600 3,650 2,250 38,750

  • help Recording Issuing of Materials Materials issued for the current month are as follows: Requisition No....

    help Recording Issuing of Materials Materials issued for the current month are as follows: Requisition No. Material Job No. Amount 945 Fiberglass 78 $23,936 946 Plastic 93 11,696 947 Glue Indirect 1,299 948 Wood 99 4,284 949 Aluminium 108 45,492 a. Determine the amount of materials transferred to Work in Process and Factory Overhead for the current month. Materials transferred to Work in Process Materials transferred to Factory Overhead Þ. Illustrate the effect on the accounts and financial statements of...

  • ID Top 10 Benefits x C Negative Effect x Bw Use social mec Which Social N...

    ID Top 10 Benefits x C Negative Effect x Bw Use social mec Which Social N m/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator Calculator Entry for Issuing Materials Materials issued for the current month are as follows: Requisition No. Material Job No. Amount 201 Aluminum 500 202 Plastic $88,740 29,320 3,470 2,400 Rubber 503 504 Indirect 510 203 204 205 Glue Steel 39,030 Journalize the entry to record the issuance of materials. For a compound transaction, if an amount box does not require an entry, leave...

  • OBJ. 2 EX 17-3 Cost of materials issuances under the FIFO method An incomplete subsidiary ledger...

    OBJ. 2 EX 17-3 Cost of materials issuances under the FIFO method An incomplete subsidiary ledger of materials inventory for May is as follows: RECEIVED ISSUED BALANCE Receiving Roport Number Quantity Materials Unit Requisition Price 1 Number Quantity Amount Quantity 285 Unit Price Amount $30.00 $8,550 130 110 $32.00 38.00 Date May 1 May 4 May 10 May 21 May 27 91 365 97100 a. Complete the materials issuances and balances for the materials subsidiary ledger under FIFO. b. Determine...

  • Entries and Schedules for Unfinished Jobs and Completed Jobs Hildreth Company uses a job order cost...

    Entries and Schedules for Unfinished Jobs and Completed Jobs Hildreth Company uses a job order cost system. The following data summarize the operations related to production for April, the first month of operations: Materials purchased on account, $3,320. Materials requisitioned and factory labor used: Job No. Materials Factory Labor 101 $2,300 $3,280 102 2,810 4,430 103 1,860 2,160 104 6,300 8,130 105 4,000 6,200 106 2,920 3,940 For general factory use 780 4,850 Factory overhead costs incurred on account, $4,390....

  • Entries and Schedules for Unfinished Jobs and Completed Jobs Hildreth Company uses a job order cost...

    Entries and Schedules for Unfinished Jobs and Completed Jobs Hildreth Company uses a job order cost system. The following data summarize the operations related to production for April, the first month of operations: Materials purchased on account, $3,350. Materials requisitioned and factory labor used: Job No. Materials Factory Labor 101 $2,610 $2,330 102 3,180 3,150 103 2,110 1,540 104 7,150 5,780 105 4,540 4,400 106 3,310 2,800 For general factory use 890 3,450 Factory overhead costs incurred on account, $4,990....

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT