Homework Answers
| All the journal entries are correct except at the point 6 & 7, | |||||||
| which is as follows: | |||||||
| Date | Account Title | Debit $ | Credit $ | ||||
| 6 | Work in Process Inventory | 73014 | DLC = 84900 | ||||
| Manufacturing Overhead | 73014 | Overhead applied = 84900*86% = 73014 | |||||
| (overhead applied to WIP @ 86% of DLC) | |||||||
| 7 | Finished Goods Inventory | 251542 | |||||
| Work in Process Inventory | 251542 | ||||||
| (completed jobs transferred to FG Inventory) | |||||||
| Job | material | direct labor | overhead | Total FG | |||
| A20 | 37840 | 19000 | 16340 | 73180 | |||
| A21 | 44620 | 23700 | 20382 | 88702 | |||
| A23 | 40370 | 26500 | 22790 | 89660 | |||
| Total FG | 122830 | 69200 | 59512 | 251542 | |||
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(3) Manufacturing Overhead Accounts Payable 52,200 (4) Manufacturing Overhead Accumulated Depreciation-Equipment 16,750 (5) Depreciation Expense 5,000...
Coronado Printing Corp. uses a job order cost system. The following data summarize the operations related...
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 16-8 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 $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...
CALCULATE Exercise 2-8 (Video) Enos Printing Corp. uses a job order cost system. The following data...
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...
Enos Printing Corp.uses a job order cost system. The following data summarize the operations related to...
Enos Printing Corp.uses a job order cost system. The following data summarize the operations related to the first quarter's production 1 2. Materials purchased on account $195,400, and factory wages incurred $90,400. Materials requisitioned and factory labor used by job: Job Number A20 A21 A22 A23 General factory use Materials $37,540 44,720 36,900 42,170 4,870 $166,200 Factory Labor $18,300 23,500 15,100 25.100 8,400 $90,400 3. 4. 5. Manufacturing overhead costs incurred on account $50,900, Depreciation on factory equipment $17,050. Depreciation...
Enos Printing Corp. uses a job order cost system. The following data summarize the operations related...
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....
Question 4 of 8 -/5 E Enos Printing Corp. uses a job order cost system. The...
Question 4 of 8 -/5 E Enos Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter's production 1. 2 Materials purchased on account $193,700, and factory wages incurred $91,000. Materials requisitioned and factory labor used by job: Job Number A20 A21 A22 A23 General factory use Materials $36,740 44,120 37,900 40,770 5.170 $164,700 Factory Labor $19,300 22,200 15,300 26,700 7.500 $91,000 3. 4. 5. 6. 7. Manufacturing overhead costs incurred...
Exercise 15-08 Your answer is partially correct. Try again. Enos Printing Corp. uses a job order...
Exercise 15-08 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 $ 197,600, and factory wages incurred $92,500. 2. Materials requisitioned and factory labor used by job: Job Number A20 A21 A22 A23 General factory use Materials $37,940 44,220 37,200 41,470 5,270 $166,100 Factory Labor $18,100 24,100 16,300 26,600 7,400 $92,500 3. Manufacturing overhead costs incurred...
Exercise 15-08 (Video) Crane Printing Corp. uses a job order cost system. The following data summarize...
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...
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....
Exercise 20-08 Blossom Printing Corp. uses a job order cost system. The following data summarize the...
Exercise 20-08 Blossom 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 $196,600, and factory wages incurred $94,100. 2. Materials requisitioned and factory labor used by job: Job Number Materials Factory Labor A20 A21 A22 A23 General factory use $37,140 44,720 36,500 41,870 4,770 $165,000 $19,700 22,900 16,900 27,000 7,600 $94,100 3. Manufacturing overhead costs incurred on account $51,500. 4. Depreciation on factory equipment...
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 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...
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...
Enos Printing Corp.uses a job order cost system. The following data summarize the operations related to the first quarter's production 1 2. Materials purchased on account $195,400, and factory wages incurred $90,400. Materials requisitioned and factory labor used by job: Job Number A20 A21 A22 A23 General factory use Materials $37,540 44,720 36,900 42,170 4,870 $166,200 Factory Labor $18,300 23,500 15,100 25.100 8,400 $90,400 3. 4. 5. Manufacturing overhead costs incurred on account $50,900, Depreciation on factory equipment $17,050. Depreciation...
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....
Question 4 of 8 -/5 E Enos Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter's production 1. 2 Materials purchased on account $193,700, and factory wages incurred $91,000. Materials requisitioned and factory labor used by job: Job Number A20 A21 A22 A23 General factory use Materials $36,740 44,120 37,900 40,770 5.170 $164,700 Factory Labor $19,300 22,200 15,300 26,700 7.500 $91,000 3. 4. 5. 6. 7. Manufacturing overhead costs incurred...
Exercise 15-08 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 $ 197,600, and factory wages incurred $92,500. 2. Materials requisitioned and factory labor used by job: Job Number A20 A21 A22 A23 General factory use Materials $37,940 44,220 37,200 41,470 5,270 $166,100 Factory Labor $18,100 24,100 16,300 26,600 7,400 $92,500 3. Manufacturing overhead costs incurred...
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....
Exercise 20-08 Blossom 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 $196,600, and factory wages incurred $94,100. 2. Materials requisitioned and factory labor used by job: Job Number Materials Factory Labor A20 A21 A22 A23 General factory use $37,140 44,720 36,500 41,870 4,770 $165,000 $19,700 22,900 16,900 27,000 7,600 $94,100 3. Manufacturing overhead costs incurred on account $51,500. 4. Depreciation on factory equipment...
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