Jan 31 | Raw materials inventory | 5400 | |
Accounts Payable | 5400 | ||
Jan 31 | Work in Process Inventory | 7300 | |
Factory wages payable | 5600 | ||
Payroll taxes payable | 1700 | ||
Jan 31 | Manufacturing overhead | 2600 | |
Utilities payable | 2600 | ||
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During January, its first month of operations, Dieker Company accumulated the following manufacturing costs: raw materials...
During January, its first month of operations, Dieker Company accumulated the following manufacturing costs: raw materials $5,400 on account, factory labor $6,700 of which $5,900 relates to factory wages payable and $800 relates to payroll taxes payable, and factory utilities payable $2,100. Prepare separate journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 31 enter an account title to...
During January, its first month of operations, Sunland Company accumulated the following manufacturing costs: raw materials $5,700 on account, factory labor $6,300 of which $5,500 relates to factory wages payable and $800 relates to payroll taxes payable, and factory utilities payable $2,700. Prepare separate journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 31 (To record purchase of raw...
During January, its first month of operations, Dieker Company accumulated the following manufacturing costs: raw materials purchased $4,000 on account, factory labor $6,000, and utilities payable $2,000. Brief Exercise 2A-2 During January, its first month of operations, Dieker Company accumulated the following manufacturing costs: raw mate $2,000. Record the company's manufacturing costs in its job order costing system. Manufacturing Costs Raw Materials Inventory Factory Labor Manufacturing Overhead Purchased raw materials Incurred factory labor Factory utilities पी पी Balance LINK TO...
During January, its first month of operations, Reyes Tool & Die accumulated the following manufacturing costs: raw materials $5.800 on account; factory labour $7,300, of which $5,500 relates to factory wages payable and $1,800 relates to payroll taxes payable: and utilities payable $2,100. Prepare separate journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
**MUST BE ABLE TO ANSWER ALL QUESTIONS** A) During January, its first month of operations, Dieker Company accumulated the following manufacturing costs: raw materials $5,400 on account, factory labor $6,100 of which $5,900 relates to factory wages payable and $200 relates to payroll taxes payable, and utilities payable $2,500. Prepare separate journal entries for each type of manufacturing cost. ************************************************************************************************** B) In January, Dieker Company requisitions raw materials for production as follows: Job 1 $970, Job 2 $1,400, Job 3...
During the current month, Blossom Company incurs the following manufacturing costs. (a) Purchased raw materials of $17,000 on account. (b) Incurred factory labor of $38,000. Of that amount, $29,000 relates to wages payable and $9,000 relates to payroll taxes payable. (c) Factory utilities of $3,000 are payable, prepaid factory property taxes of $2,500 have expired, and depreciation on the factory building is $8,000. Prepare journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when amount...
During January, its first month of operations, Bridgeport Company accumulated the following manufacturing costs: raw materials purchased $5,400 on account, factory labor $7,300, and utilities payable $2,600. In January, requisitions of raw materials for production are as follows: Job 1 $910, Job 2 $1,400, Job 3 $810, and general factory use $610. Record raw materials used. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
During the current month, Wacholz Company incurs the following manufacturing costs. (a) (b) (c) Purchased raw materials of $18,200 on account. Incurred factory labor of $40,500. Of that amount, $29,000 relates to wages payable and $11,500 relates to payroll taxes payable. Factory utilities of $3,900 are payable, prepaid factory property taxes of $2,640 have expired, and depreciation on the factory building is $8,000. Prepare journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when amount...
During the current month, Wacholz Company incurs the following manufacturing costs. (a) Purchased raw materials of $17,000 on account. (b) Incurred factory labor of $38,000. Of that amount, $29,000 relates to wages payable and $9,000 relates to payroll taxes payable. (c) Factory utilities of $3,000 are payable, prepaid factory property taxes of $2,500 have expired, and depreciation on the factory building is $8,000. Prepare journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when amount...
During January, its first month of operations, Whispering Winds Company accumulated the following manufacturing costs: raw materials purchased $5,400 on account, factory labor $6,100, and utilities payable $2,500. Record the company's manufacturing costs in its job order costing system. Manufacturing Costs Factory Labor Raw Materials Inventory Manufacturing Overhead Purchased raw materials $ $ $ Incurred factory labor Factory utilities Balance During January, its first month of operations, Flounder Company accumulated the following manufacturing costs: raw materials purchased $5,300 on account,...