Waterway Company purchases $52,500 of raw materials on account
Waterway Company purchases $52,500 of raw materials on account, and it incurs $62,200 of the factory labor costs. Supporting records show that (a) the Assembly Department used $32,700 of raw materials and $42,200 of the factory labor, and (b) the Finishing Department used the remainder.
Journalize the assignment of the costs to the processing departments on March 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Homework Answers
- Required journal entries
|
Date |
Account titles |
Debit |
Credit |
|
Mar-31 |
Work In Process - Assembly |
$32,700 |
|
|
Work In Process - Finishing |
$19,800 |
||
|
Raw matewrial Inventory |
$52,500 |
||
|
(to record material used) |
|||
|
Mar-31 |
Work In Process - Assembly |
$42,200 |
|
|
Work In Process - Finishing |
$20,000 |
||
|
Direct Labor cost or Factory labor cost |
$62,200 |
||
|
(to record labor cost) |
Warner Company purchases $53,700 of raw materials on account, and it incurs $61,600 of factory labor...
Warner Company purchases $53,700 of raw materials on account,
and it incurs $61,600 of factory labor costs. Supporting records
show that (a) the Assembly Department used $32,900 of raw materials
and $38,000 of the factory labor, and (b) the Finishing Department
used the remainder.
Journalize the assignment of the costs to the processing
departments on March 31.
Brief Exercise 16-2 Warner Company purchases $53,700 of raw materials on account, and it incurs $61,600 of factory labor costs. Supporting records show...
Weber Company purchases $50,300 of raw materials on account, and it incurs $63,900 of factory labor...
Weber Company purchases $50,300 of raw materials on account, and it incurs $63,900 of factory labor costs. Supporting records show that (a) the Assembly Department used $27,100 raw materials and $40,100 of the factory labor, and (b) the Finishing Department used the remainder. Manufacturing overhead is assigned to departments on the basis of 160% of labor costs. Journalize the assignment of overhead to the Assembly and Finishing Departments. (Credit account titles are automatically indented when amount is entered. Do not...
Bramble Company purchases $50,500 of raw materials on account, and it incurs $61.400 of factory labor...
Bramble Company purchases $50,500 of raw materials on account, and it incurs $61.400 of factory labor costs. Supporting records show that (a) the Assembly Department used $25,100 of the raw materials and $39,700 of the factory labor, and (b) the Finishing Department used the remainder. Manufacturing overhead is assigned to departments on the basis of 160% of labor costs. Journalize the assignment of overhead to the Assembly and Finishing Departments. (Credit account titles are automatically indented when amount is entered....
Current Attempt in Progress Marigold Company purchases $54,600 of raw materials on account, and it incurs...
Current Attempt in Progress Marigold Company purchases $54,600 of raw materials on account, and it incurs $62,700 of factory labor costs. Supporting records show that (a) the Assembly Department used $34,000 of the raw materials and $38,800 of the factory labor, and (b) the Finishing Department used the remainder. Manufacturing overhead is assigned to departments on the basis of 160% of labor costs. Journalize the assignment of overhead to the Assembly and Finishing Departments. (Credit account titles are automatically indented...
Warner Company purchases $54,100 of raw materials on account, and it incurs $64,900 of factory labor...
Warner Company purchases $54,100 of raw materials on account, and it incurs $64,900 of factory labor costs. Supporting records show that (a) the Assembly Department used $31,500 of the raw materials and $38,100 of the factory labor, and (b) the Finishing Department used the remainder. Manufacturing overhead is assigned to departments on the basis of 160% of labor costs. Journalize the assignment of overhead to the Assembly and Finishing Departments. (Credit account titles are automatically indented when amount is entered....
Brief Exercise 17-2 Warner Company purchases $51,300 of raw materials on account, and it incurs $62,800...
Brief Exercise 17-2 Warner Company purchases $51,300 of raw materials on account, and it incurs $62,800 of factory labor costs. Supporting records show that (a) the Assembly Department used $32,800 of raw materials and $40,900 of the factory labor, and (b) the Finishing Department used the remainder. Journalize the assignment of the costs to the processing departments on March 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit...
Brief Exercise 16-3 Weber Company purchases $52,600 of raw materials on account, and it incurs $65,800...
Brief Exercise 16-3 Weber Company purchases $52,600 of raw materials on account, and it incurs $65,800 of factory labor costs. Supporting records show that (a) the Assembly Department used $26,100 of raw materials and $40,700 of the factory labor, and (b) the Finishing Department used the remainder. Manufacturing overhead is assigned to departments on the basis of 160% of labor costs. Journalize the assignment of overhead to the Assembly and Finishing Departments. (Credit account titles are automatically indented when amount...
Weber Company purchases $55,100 of raw materials on account, and it incurs $65,900 of factory labor...
Weber Company purchases $55,100 of raw materials on account, and it incurs $65,900 of factory labor costs. Supporting records show that (a) the Assembly Department used $30,900 of raw materials and $44,600 of the factory labor, and (b) the Finishing Department used the remainder. Manufacturing overhead is assigned to departments on the basis of 160% of labor costs Journalize the assignment of overhead to the Assembly and finishing Departments. (Credit account titles are automatically indented when amount is entered. Do...
NEXT er exercise 16-02 Marigold Company purchases $54,900 of raw materials on account, and it incurs...
NEXT er exercise 16-02 Marigold Company purchases $54,900 of raw materials on account, and it incurs $63,300 of the factory labor costs Supporting records show that (a) the Assembly Department used 130,600 of raw materials and $40,100 of the factory labor, and (b) the Finishing Department used the remainder. Journalize the assignment of the costs to the processing departments on March 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and...
CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Brief Exercise 16-03 Vaughn Company purchases $53,000 of raw...
CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Brief Exercise 16-03 Vaughn Company purchases $53,000 of raw materials on account, and it incurs $63,800 of factory labor costs. Supporting records show that (a) the Assembly Department used $32,700 of the raw materials and $37,900 of the factory labor, and (b) the Finishing Department used the remainder. Manufacturing overhead is assigned to departments on the basis of 160% of labor costs. Journalize the assignment of overhead to the Assembly and Finishing Departments....
Warner Company purchases $53,700 of raw materials on account,
and it incurs $61,600 of factory labor costs. Supporting records
show that (a) the Assembly Department used $32,900 of raw materials
and $38,000 of the factory labor, and (b) the Finishing Department
used the remainder.
Journalize the assignment of the costs to the processing
departments on March 31.
Brief Exercise 16-2 Warner Company purchases $53,700 of raw materials on account, and it incurs $61,600 of factory labor costs. Supporting records show...
Weber Company purchases $50,300 of raw materials on account, and it incurs $63,900 of factory labor costs. Supporting records show that (a) the Assembly Department used $27,100 raw materials and $40,100 of the factory labor, and (b) the Finishing Department used the remainder. Manufacturing overhead is assigned to departments on the basis of 160% of labor costs. Journalize the assignment of overhead to the Assembly and Finishing Departments. (Credit account titles are automatically indented when amount is entered. Do not...
Bramble Company purchases $50,500 of raw materials on account, and it incurs $61.400 of factory labor costs. Supporting records show that (a) the Assembly Department used $25,100 of the raw materials and $39,700 of the factory labor, and (b) the Finishing Department used the remainder. Manufacturing overhead is assigned to departments on the basis of 160% of labor costs. Journalize the assignment of overhead to the Assembly and Finishing Departments. (Credit account titles are automatically indented when amount is entered....
Current Attempt in Progress Marigold Company purchases $54,600 of raw materials on account, and it incurs $62,700 of factory labor costs. Supporting records show that (a) the Assembly Department used $34,000 of the raw materials and $38,800 of the factory labor, and (b) the Finishing Department used the remainder. Manufacturing overhead is assigned to departments on the basis of 160% of labor costs. Journalize the assignment of overhead to the Assembly and Finishing Departments. (Credit account titles are automatically indented...
Warner Company purchases $54,100 of raw materials on account, and it incurs $64,900 of factory labor costs. Supporting records show that (a) the Assembly Department used $31,500 of the raw materials and $38,100 of the factory labor, and (b) the Finishing Department used the remainder. Manufacturing overhead is assigned to departments on the basis of 160% of labor costs. Journalize the assignment of overhead to the Assembly and Finishing Departments. (Credit account titles are automatically indented when amount is entered....
Brief Exercise 17-2 Warner Company purchases $51,300 of raw materials on account, and it incurs $62,800 of factory labor costs. Supporting records show that (a) the Assembly Department used $32,800 of raw materials and $40,900 of the factory labor, and (b) the Finishing Department used the remainder. Journalize the assignment of the costs to the processing departments on March 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit...
Brief Exercise 16-3 Weber Company purchases $52,600 of raw materials on account, and it incurs $65,800 of factory labor costs. Supporting records show that (a) the Assembly Department used $26,100 of raw materials and $40,700 of the factory labor, and (b) the Finishing Department used the remainder. Manufacturing overhead is assigned to departments on the basis of 160% of labor costs. Journalize the assignment of overhead to the Assembly and Finishing Departments. (Credit account titles are automatically indented when amount...
Weber Company purchases $55,100 of raw materials on account, and it incurs $65,900 of factory labor costs. Supporting records show that (a) the Assembly Department used $30,900 of raw materials and $44,600 of the factory labor, and (b) the Finishing Department used the remainder. Manufacturing overhead is assigned to departments on the basis of 160% of labor costs Journalize the assignment of overhead to the Assembly and finishing Departments. (Credit account titles are automatically indented when amount is entered. Do...
NEXT er exercise 16-02 Marigold Company purchases $54,900 of raw materials on account, and it incurs $63,300 of the factory labor costs Supporting records show that (a) the Assembly Department used 130,600 of raw materials and $40,100 of the factory labor, and (b) the Finishing Department used the remainder. Journalize the assignment of the costs to the processing departments on March 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and...
CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Brief Exercise 16-03 Vaughn Company purchases $53,000 of raw materials on account, and it incurs $63,800 of factory labor costs. Supporting records show that (a) the Assembly Department used $32,700 of the raw materials and $37,900 of the factory labor, and (b) the Finishing Department used the remainder. Manufacturing overhead is assigned to departments on the basis of 160% of labor costs. Journalize the assignment of overhead to the Assembly and Finishing Departments....
Most questions answered within 3 hours.
-
Humans have used horses for transportation for millions of
years. Therefore, they will use horses for...
asked 1 hour ago -
The following are the Jensen Corporation's unit costs of making
and selling an item at a...
asked 1 hour ago -
Does direct Medicare reimbursement of Advanced practice nurses
increase access to their services?
asked 2 hours ago -
List and explain why a company would choose to use a
published
compensation survey vs. creating...
asked 2 hours ago -
A discrete random variable X can take values from 1 to 10. Find
the variance of...
asked 3 hours ago -
The primary financial goal of a corporation is to maximize:
shareholders wealth.
earnings per share.
stock...
asked 3 hours ago -
determine whether the vectors u=(1,2,3,), v=(-2,1,0) and
w=(1,0,1) are linearly dependent or independent.
asked 3 hours ago -
python
Define a function called print_values which takes a dictionary
object as a parameter. The function...
asked 4 hours ago -
In Chapter 1 you created a program named Triangle in
which you displayed a seven-line triangle...
asked 4 hours ago -
Research question: What are the differences between separately
stated and non separately stated transactions in an...
asked 4 hours ago -
By using Arduino write a code that connects two LEDs to two
push-buttons. Each button controls...
asked 5 hours ago -
Bank of America has bonds that pay a coupon interest rate of 5.5
percent and mature...
asked 6 hours ago