May 15 |
Work in progress Job 507 (2100*2.10)+(3150*0.51) |
6016.50 |
|
Raw Material |
6016.50 |
||
May 15 |
Work in progress Job 507 |
425 |
|
Work in progress Job 507 (3115*4.52) |
14079.80 |
||
Manufacturing overhead |
14504.80 |
||
May 15 |
Work in progress Job 507 |
1203.50 |
|
Wages payable ((25.20+16.30)*29) |
1203.50 |
||
May 15 |
Finished goods inventory |
21550.35 |
|
Raw Materials ((60*2.10)+(95*0.51)) |
174.45 |
||
Work in progress Job 507 |
21724.80 |
The Forging Department accepted Job 507 on May 15th to make 1,000 widgets. To complete the...
1. The following account appears in the ledger after only nart of the after only part of the postings have been completed for March, the first month of the current fiscal year: Balance, March 1 Direct materials Direct labor Work in Process 182,000 417,000 210,000 Factory overhead is applied to jobs at the rate of 40% of direct labor cost. The actual factory overhead incurred for March was $79,500. Jobs completed during the month totaled $692,100. (a) Prepare the journal...
Extra Credit Chapter 19 PAR The the ather to deponebees w othe e c al year Direct materials Director 417000 210.000 Factory evad is applied to the rate of direct labor cost. The factory incurred for March was 579.500. Jobs completed during the moo d 692.100 (a) Prepare the mal entries to read the application of factory over production during March and the completed during March () What is the balance of the factory overhead count on March 317 (c)...