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| Journal | Debit | Credit |
| Service Contracts in Process | 29700 | |
| Operating Overhead | 11900 | |
| Service salaries and wages | 41600 | |
| (To record service salary and wages) | ||
| Service Contracts in Process (22%*29700) | 8316 | |
| Operating Overhead | 8316 | |
| (To record OH) |
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Current Anempt in Progress Jamasji Engineering Contractors incurred service salaries and wages of $41.600 ($29,700 direct...
Ruiz Engineering Contractors Incurred service salaries and wages of $41,800 ($34,400 direct and $7,400 indirect) on...
Ruiz Engineering Contractors Incurred service salaries and
wages of $41,800 ($34,400 direct and $7,400 indirect) on an
engineering project. The company applies overhead at a rate of 22%
of direct labor.
Record the entries to assign service salaries and wages and to
apply overhead.
m/courses/4920/assignments/79895?module_item_id-190679 Question 1 View Policies Current Attempt in Progress Ruiz Engineering Contractors incurred service salaries and wages of $41,800 ($34,400 direct and $7.400 indirect) on an engineering project. The company applies overhead at a rate of...
Sheridan Engineering Contractors incurred service salaries and wages of $44,700 (534, 100 direct and $10,600 indirect)...
Sheridan Engineering Contractors incurred service salaries and wages of $44,700 (534, 100 direct and $10,600 indirect) on an engineering project. The company applies overhead at a rate of 24% of direct labor. Record the entries to assign service salaries and wages and to apply overhead. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Account Titles and Explanation Service Contracts in Process Operating Overhead Service Salaries and Wages (To record service salary...
CALCULATOR PRINTER VERSION BACK Brief Exercise 2-9 Ruir Engineering Contractors incurred service salaries and wages of...
CALCULATOR PRINTER VERSION BACK Brief Exercise 2-9 Ruir Engineering Contractors incurred service salaries and wages of $50,00 (530,500 direct and $11.200 indirect) on an engineering project. The company applies overhead at a rate of 25% of direct labor Record the entries to assion service salaries and wages and to apply overhead. (Credit account wiles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit (To record service salary and wages) To record...
ant CALCULATOR PRINTER VERSION 4 Brief Exercise 2-9 Ruiz Engineering Contractors incurred service salaries and wages...
ant CALCULATOR PRINTER VERSION 4 Brief Exercise 2-9 Ruiz Engineering Contractors incurred service salaries and wages of $50,700 ($39,500 direct and $11,200 indirect) on an engineering project. The company applies at a rate of 25% of direct labor Record the entries to assion service salaries and wages and to apply overhead. (Credit account titles are automatically indented when the amount is entered indent manually.) Account Titles and Explanation Debit Credit (To record service salary and wages) (Te record the applied...
The following manufacturing costs were incurred: 1. Materials purchased on account were $256,900, and wages for...
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Question 3 of 3 View Policies Current Attempt in Progress Fishel Company is working on two...
Question 3 of 3 View Policies Current Attempt in Progress Fishel Company is working on two job orders. The job cost sheets show the following Direct materials Direct labour Manufacturing overhead Job 201 $7,500 4,200 5.300 Job 232 $9,050 6,200 9,650 Prepare the three summary entries to record the assignment of costs to Work in Process from the data on account titles are automatically indented when amount is entered. Do not indent manually Credi Debit Account Titles and Explanation (To...
View Policies Current Attempt in Progress Crawford Corporation incurred the following transactions 1. 2 3 4....
View Policies Current Attempt in Progress Crawford Corporation incurred the following transactions 1. 2 3 4. Purchased raw materials on account $55.500. Raw Materials of $43,700 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $7.600 was classified as indirect materials Factory labor costs incurred were $65.600, of which $50,000 pertained to factory wages payable and $15,600 pertained to employer payroll taxes payable. Time tickets indicated that $55,400 was direct labor and $10.200 was indirect...
Question 1 of 3 View Policies Current Attempt in Progress The gross earnings of the factory...
Question 1 of 3 View Policies Current Attempt in Progress The gross earnings of the factory workers for Vargas Company during the month of taxes for the factory payroll are $7.700. The fringe benefits to be paid by the employer on this accumulated cost of factory labour, 84% is related to direct labour and 16is attributable to directe Prepare the entry to record the factory Labour costs for January Prepare the entry to assign factory labour to production Credit account...
Question 31 For Kiqui Company, the predetermined overhead rate is 120% of direct labour cost. During...
Question 31 For Kiqui Company, the predetermined overhead rate is 120% of direct labour cost. During the month of June 2020, Kiqui incurred $54,320 of factory labour costs, of which $48,300 was direct labour and $6,020 was indirect labour. Actual overhead incurred in June 2020 was $72,470. Calculate the amount of manufacturing overhead applied during the month. Manufacturing overhead applied LINK TO TEXT Determine the amount of under- or over-applied manufacturing overhead. Manufacturing overheads LINK TO TEXT Prepare the adjusting...
Question 10 The following manufacturing costs were incurred: 1. Materials purchased on account were $256,400, and...
Question 10 The following manufacturing costs were incurred: 1. Materials purchased on account were $256,400, and wages for factory workers were $111,460. 2. Materials requisitioned and factory labour used by each job were as follows: Job Number Materials A1 A2 Factory Labour $28,700 34,300 17,400 25,700 5,360 $43,380 33,420 39,530 39,280 3,140 A3 A4 General factory use Total 158,750 111,460 3. Manufacturing overhead costs incurred on account were $69,600. 4. Depreciation on machinery and equipment was $16,820. 5. The manufacturing...
Ruiz Engineering Contractors Incurred service salaries and
wages of $41,800 ($34,400 direct and $7,400 indirect) on an
engineering project. The company applies overhead at a rate of 22%
of direct labor.
Record the entries to assign service salaries and wages and to
apply overhead.
m/courses/4920/assignments/79895?module_item_id-190679 Question 1 View Policies Current Attempt in Progress Ruiz Engineering Contractors incurred service salaries and wages of $41,800 ($34,400 direct and $7.400 indirect) on an engineering project. The company applies overhead at a rate of...
Sheridan Engineering Contractors incurred service salaries and wages of $44,700 (534, 100 direct and $10,600 indirect) on an engineering project. The company applies overhead at a rate of 24% of direct labor. Record the entries to assign service salaries and wages and to apply overhead. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Account Titles and Explanation Service Contracts in Process Operating Overhead Service Salaries and Wages (To record service salary...
CALCULATOR PRINTER VERSION BACK Brief Exercise 2-9 Ruir Engineering Contractors incurred service salaries and wages of $50,00 (530,500 direct and $11.200 indirect) on an engineering project. The company applies overhead at a rate of 25% of direct labor Record the entries to assion service salaries and wages and to apply overhead. (Credit account wiles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit (To record service salary and wages) To record...
ant CALCULATOR PRINTER VERSION 4 Brief Exercise 2-9 Ruiz Engineering Contractors incurred service salaries and wages of $50,700 ($39,500 direct and $11,200 indirect) on an engineering project. The company applies at a rate of 25% of direct labor Record the entries to assion service salaries and wages and to apply overhead. (Credit account titles are automatically indented when the amount is entered indent manually.) Account Titles and Explanation Debit Credit (To record service salary and wages) (Te record the applied...
The following manufacturing costs were incurred: 1. Materials purchased on account were $256,900, and wages for factory workers were $111,280. 2. Materials requisitioned and factory labour used by each job were as follows: Job Number A1 A2 A3 Materials $43,580 32,990 40,470 38,840 3,130 159,010 Factory Labour $28,800 34,200 18,000 25,100 5,180 111,280 A4 General factory use Total 3. Manufacturing overhead costs incurred on account were $69,900. 4. Depreciation on machinery and equipment was $16,910. 5. The manufacturing overhead rate...
Question 3 of 3 View Policies Current Attempt in Progress Fishel Company is working on two job orders. The job cost sheets show the following Direct materials Direct labour Manufacturing overhead Job 201 $7,500 4,200 5.300 Job 232 $9,050 6,200 9,650 Prepare the three summary entries to record the assignment of costs to Work in Process from the data on account titles are automatically indented when amount is entered. Do not indent manually Credi Debit Account Titles and Explanation (To...
View Policies Current Attempt in Progress Crawford Corporation incurred the following transactions 1. 2 3 4. Purchased raw materials on account $55.500. Raw Materials of $43,700 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $7.600 was classified as indirect materials Factory labor costs incurred were $65.600, of which $50,000 pertained to factory wages payable and $15,600 pertained to employer payroll taxes payable. Time tickets indicated that $55,400 was direct labor and $10.200 was indirect...
Question 1 of 3 View Policies Current Attempt in Progress The gross earnings of the factory workers for Vargas Company during the month of taxes for the factory payroll are $7.700. The fringe benefits to be paid by the employer on this accumulated cost of factory labour, 84% is related to direct labour and 16is attributable to directe Prepare the entry to record the factory Labour costs for January Prepare the entry to assign factory labour to production Credit account...
Question 31 For Kiqui Company, the predetermined overhead rate is 120% of direct labour cost. During the month of June 2020, Kiqui incurred $54,320 of factory labour costs, of which $48,300 was direct labour and $6,020 was indirect labour. Actual overhead incurred in June 2020 was $72,470. Calculate the amount of manufacturing overhead applied during the month. Manufacturing overhead applied LINK TO TEXT Determine the amount of under- or over-applied manufacturing overhead. Manufacturing overheads LINK TO TEXT Prepare the adjusting...
Question 10 The following manufacturing costs were incurred: 1. Materials purchased on account were $256,400, and wages for factory workers were $111,460. 2. Materials requisitioned and factory labour used by each job were as follows: Job Number Materials A1 A2 Factory Labour $28,700 34,300 17,400 25,700 5,360 $43,380 33,420 39,530 39,280 3,140 A3 A4 General factory use Total 158,750 111,460 3. Manufacturing overhead costs incurred on account were $69,600. 4. Depreciation on machinery and equipment was $16,820. 5. The manufacturing...
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