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Lab Topic Chapter 3 Ki Technology Co. manufactures DVDs for computer software and entertainment companies. Ki uses job order costing On April 2, Ki began production of 6,000 DVDs, Job 423, for Paradigm Pictures for $1.20 sales price per DVD. Ki promised to deliver the DVDs to Paradigm Pictures by April 5. Ki incurred + the following direct costs: Date Labor Time Record No. Description 4/02 655 10 hours @ $16 per hour $ 160 4/03 656 20 hours @...
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Classic Technology Co. manufactures DVDs for computer software
and entertainment companies. Classic uses job order costing. On
April 2, Classic began production of 5,000 DVDs, Job 423, for
Cyclorama Pictures for $1.20 sales price per DVD. Classic promised
to deliver the DVDs to Cyclorama Pictures by April 5. Classic
incurred the following direct costs:
Cassic Technology Co. manufactures DVDs for computer sotware and entertainment or $1.20 sales price per DVD. Classic promised to delver the DVDs to Cyclorama Pictures by...
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Classic Technology Co. manufactures DVDs for computer software and entertainment companies. Classic uses job order costing. On June 2, Classic began production of 5,400 DVDs, Job 423, for Digital Pictures for $1.10 sales price per DVD. Classic promised to deliver the DVDs to Digital Pictures by June 5. Classic incurred the following direct costs: (Click the icon to view the costs.) (Click the icon to view additional information.) Read the requirements. Requirement 1. Prepare a job cost record for Job...
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More Info Lu Technology Co. manufactures DVDs for computer software and en 5,800 DVDs, Job 423 for Digital Pictures for $1.10 sales price per DV direct costs (Click the icon to view the costs.) (Click the icons Lu Technology allocates manufacturing overhead to jobs based on the relation between estimated overhead of $559.000 and estimated direct labor costs of $430,000. Job 423 was completed and shipped on September 3. Read the requirements 0 Data Table Print Done Next, calculate the...
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please answer both questions
White Realtors, a real estate consulting firm, specializes in advising companies on potential new plant sites. The company uses a job order costing system with a predetermined overhead allocation rate, computed as a percentage of direct labor costs. At the beginning of 2018, managing partner Sanjog White prepared the following budget for the year: (Click the icon to view additional information.) E(Click the icon to view the prepared budget.) Read the requirements. (b) predetermined overhead allocation...
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© Data Table Date 9/02 9/03 Labor Time Record No. 655 656 Description 10 hours @ $18 per hour 20 hours @ $15 per hour Amount $ 180 Materials Requisition NO. Amount $ 372 Date 9/02 9/02 9/03 63 64 Description 31 lbs. polycarbonate plastic @ $12 per lb. 25 lbs. acrylic plastic @ $27 per lb. 3 lbs. refined aluminum @ $45 per lb. * More Info White Technology allocates manufacturing overhead to jobs based on the relation between...
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Phyllo Computer Company uses a job order costing system in which each batch manufactured is a different job. Phyllo Computer Company assigns direct materials and direct labor to each job. The company assigns labor costs at $23 per hour. It allocates manufacturing overhead to jobs based on a predetermined overhead allocation rate, computed as a percentage of direct labor costs. At the beginning of 2020, the controller prepared the following budget: (Click the icon to view the budget.) In November...
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Princeton Computer Company uses a job order costing system in which each batch manufactured is a different job. Princeton Computer Company assigns direct materials and direct labor to each joo. The company assigns labor costs at $15 per hour, It allocates manufacturing overhead to jobs based on a predetermined overmead allocation rate, computed as a peroentage of dlirect labor costs. At the beginning of 2020, the controller prepared the following budget: ll Click the icon to view the budget.) In...
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Pritchet Computer Company uses a job order costing system in which each batch manufactured is a different job. Pritchet Computer Company assigns direct materials and direct labor to each job. The company assigns labor costs at $22 per hour. It allocates manufacturing overhead to jobs based on a predetermined overhead allocation rate, computed as a percentage of direct labor costs. At the beginning of 2020, the controller prepared the following budget: (Click the icon to view the budget.) In November...
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Problem for Job Order Costing
Tiny Homes uses a job costing system to account for the individual prefabricated homes of January 1, its accounting records showed inventories as follows the individual prefabricated homes it builds. As Materials and supplies Work in process (Jobs 422 and 423) Finished goods (Job 421) $120,000 180,000 175,000 The work in process in ventory consisted of two jobs: Job# 422 423 Direct Materials $36,000 Direct Labor Manufacturing Overh $40,000 $20,000 $96,000 $36,000 $180,000 $76,000 $68,000...
Lab Topic Chapter 3 Ki Technology Co. manufactures DVDs for computer software and entertainment companies. Ki uses job order costing On April 2, Ki began production of 6,000 DVDs, Job 423, for Paradigm Pictures for $1.20 sales price per DVD. Ki promised to deliver the DVDs to Paradigm Pictures by April 5. Ki incurred + the following direct costs: Date Labor Time Record No. Description 4/02 655 10 hours @ $16 per hour $ 160 4/03 656 20 hours @...
Classic Technology Co. manufactures DVDs for computer software
and entertainment companies. Classic uses job order costing. On
April 2, Classic began production of 5,000 DVDs, Job 423, for
Cyclorama Pictures for $1.20 sales price per DVD. Classic promised
to deliver the DVDs to Cyclorama Pictures by April 5. Classic
incurred the following direct costs:
Cassic Technology Co. manufactures DVDs for computer sotware and entertainment or $1.20 sales price per DVD. Classic promised to delver the DVDs to Cyclorama Pictures by...
Classic Technology Co. manufactures DVDs for computer software and entertainment companies. Classic uses job order costing. On June 2, Classic began production of 5,400 DVDs, Job 423, for Digital Pictures for $1.10 sales price per DVD. Classic promised to deliver the DVDs to Digital Pictures by June 5. Classic incurred the following direct costs: (Click the icon to view the costs.) (Click the icon to view additional information.) Read the requirements. Requirement 1. Prepare a job cost record for Job...
More Info Lu Technology Co. manufactures DVDs for computer software and en 5,800 DVDs, Job 423 for Digital Pictures for $1.10 sales price per DV direct costs (Click the icon to view the costs.) (Click the icons Lu Technology allocates manufacturing overhead to jobs based on the relation between estimated overhead of $559.000 and estimated direct labor costs of $430,000. Job 423 was completed and shipped on September 3. Read the requirements 0 Data Table Print Done Next, calculate the...
please answer both questions
White Realtors, a real estate consulting firm, specializes in advising companies on potential new plant sites. The company uses a job order costing system with a predetermined overhead allocation rate, computed as a percentage of direct labor costs. At the beginning of 2018, managing partner Sanjog White prepared the following budget for the year: (Click the icon to view additional information.) E(Click the icon to view the prepared budget.) Read the requirements. (b) predetermined overhead allocation...
© Data Table Date 9/02 9/03 Labor Time Record No. 655 656 Description 10 hours @ $18 per hour 20 hours @ $15 per hour Amount $ 180 Materials Requisition NO. Amount $ 372 Date 9/02 9/02 9/03 63 64 Description 31 lbs. polycarbonate plastic @ $12 per lb. 25 lbs. acrylic plastic @ $27 per lb. 3 lbs. refined aluminum @ $45 per lb. * More Info White Technology allocates manufacturing overhead to jobs based on the relation between...
Phyllo Computer Company uses a job order costing system in which each batch manufactured is a different job. Phyllo Computer Company assigns direct materials and direct labor to each job. The company assigns labor costs at $23 per hour. It allocates manufacturing overhead to jobs based on a predetermined overhead allocation rate, computed as a percentage of direct labor costs. At the beginning of 2020, the controller prepared the following budget: (Click the icon to view the budget.) In November...
Princeton Computer Company uses a job order costing system in which each batch manufactured is a different job. Princeton Computer Company assigns direct materials and direct labor to each joo. The company assigns labor costs at $15 per hour, It allocates manufacturing overhead to jobs based on a predetermined overmead allocation rate, computed as a peroentage of dlirect labor costs. At the beginning of 2020, the controller prepared the following budget: ll Click the icon to view the budget.) In...
Pritchet Computer Company uses a job order costing system in which each batch manufactured is a different job. Pritchet Computer Company assigns direct materials and direct labor to each job. The company assigns labor costs at $22 per hour. It allocates manufacturing overhead to jobs based on a predetermined overhead allocation rate, computed as a percentage of direct labor costs. At the beginning of 2020, the controller prepared the following budget: (Click the icon to view the budget.) In November...
Problem for Job Order Costing
Tiny Homes uses a job costing system to account for the individual prefabricated homes of January 1, its accounting records showed inventories as follows the individual prefabricated homes it builds. As Materials and supplies Work in process (Jobs 422 and 423) Finished goods (Job 421) $120,000 180,000 175,000 The work in process in ventory consisted of two jobs: Job# 422 423 Direct Materials $36,000 Direct Labor Manufacturing Overh $40,000 $20,000 $96,000 $36,000 $180,000 $76,000 $68,000...