Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below.
Required:
Cash | Raw Materials | |||||||
Beg.bal | Beg.bal | |||||||
75,600 | a. | a. | 75,600 | |||||
151,500 | c. | 72,200 | b. | |||||
125,200 | d. | |||||||
end bal | 352,300 | end bal | 3,400 | |||||
Work in process | finished goods | |||||||
Beg.bal | Beg.bal | |||||||
b. | 65,500 | f. | 320,900 | |||||
c. | 134,100 | 320,900 | g. | |||||
e. | 121,300 | |||||||
320,900 | f. | |||||||
end bal | 0 | end bal | 0 | |||||
Manufacturing overhead | cost of goods sold | |||||||
Beg.bal | beg bal | 0 | ||||||
b. | 6,700 | g. | 320,900 | |||||
c. | 17,400 | h. | 28,000 | |||||
d. | 125,200 | |||||||
121,300 | e | |||||||
28,000 | h | |||||||
End bal | 0 | end bal | 348,900 | |||||
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. $75,900 in raw materials were purchased for cash. $72,600 in raw materials were used in production. Of this amount, $66,400 was for direct materials and the remainder was for indirect materials. Total labor wages of $152,200 were incurred and paid. Of this amount, $134,100 was for direct labor and the remainder was for indirect...
Jurvin Enterprises is a manufacturing company that had no
beginning inventories. A subset of the transactions that it
recorded during a recent month is shown below.
$76,200 in raw materials were purchased for cash.
$72,200 in raw materials were used in production. Of this
amount, $65,900 was for direct materials and the remainder was for
indirect materials.
Total labor wages of $150,800 were incurred and paid. Of this
amount, $134,400 was for direct labor and the remainder was for
indirect...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. $76,100 in raw materials were purchased for cash. $72,600 in raw materials were used in production. Of this amount, $66,400 was for direct materials and the remainder was for indirect materials. Total labor wages of $152,900 were incurred and paid. Of this amount, $134,100 was for direct labor and the remainder was for indirect...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. $76,500 in raw materials were purchased for cash. $72,400 in raw materials were used in production. Of this amount, $66,200 was for direct materials and the remainder was for indirect materials. Total labor wages of $151,100 were incurred and paid. Of this amount, $133,700 was for direct labor and the remainder was for indirect...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. $75,300 in raw materials were purchased for cash. $72,000 in raw materials were used in production. Of this amount, $65,500 was for direct materials and the remainder was for indirect materials. Total labor wages of $150,900 were incurred and paid. Of this amount, $134,900 was for direct labor and the remainder was for indirect...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. a. $76,500 in raw materials were purchased for cash. b. $71,600 in raw materials were used in production. Of this amount, $66,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $151.500 were incurred and paid. Of this amount, $134.100 was for direct labor and the remainder...
Jurvin Enterprises is a manufacturing company that had no
beginning inventories. A subset of the transactions that it
recorded during a recent month is shown below.
$75,400 in raw materials were purchased for cash.
$72,100 in raw materials were used in production. Of this
amount, $66,400 was for direct materials and the remainder was for
indirect materials.
Total labor wages of $151,500 were incurred and paid. Of this
amount, $133,000 was for direct labor and the remainder was for
indirect...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. $76,600 in raw materials were purchased for cash. $72,300 in raw materials were used in production. Of this amount, $65,400 was for direct materials and the remainder was for indirect materials. Total labor wages of $150,300 were incurred and paid. Of this amount, $133,900 was for direct labor and the remainder was for indirect...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. $75,700 in raw materials were purchased for cash. $73,000 in raw materials were used in production. Of this amount, $66,100 was for direct materials and the remainder was for indirect materials. Total labor wages of $152,300 were incurred and paid. Of this amount, $133,300 was for direct labor and the remainder was for indirect...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. $75,300 in raw materials were purchased for cash. $71,500 in raw materials were used in production. Of this amount, $67,000 was for direct materials and the remainder was for indirect materials. Total labor wages of $152,200 were incurred and paid. Of this amount, $134,800 was for direct labor and the remainder was for indirect...