Homework Answers
Balance on 1/1 = Job Number 7640 balance + Job Number 7641
balance
= $93,360 + $60,720 = $154,080
Direct materials current year cost = $36,000 + $51,600 + $69,600 = $157,200
Direct labor current year cost = $43,200 + $57,600 + $66,000 = $166,800
Manufacturing overhead current year cost = $51,840 + $69,120 + $79,200 = $200,160
Completed jobs = Job 7640 and 7641
= $93,360 + $131,040 + $60,720 + $178,320 = $463,440
Work in process balance = $214,800
Unfinished job 7642 = $214,800
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Question 4 of 5 < 0.57/4 For the year ended December 31, 2020, the job cost...
For the year ended December 31, 2020, the job cost sheets of Cinta Company contained the...
For the year ended December 31, 2020, the job cost sheets of Cinta Company contained the following data. Job Number 7640 Explanation Balance 1/1 Current year's costs Balance 1/1 Current year's costs Current year's costs Direct Materials $27,500 33,000 12,100 47,300 63,800 Direct Labor $26,400 39,600 19,800 52,800 60,500 Manufacturing Total Overhead Costs $31,680 $85,580 47,520 120,120 23,760 55,660 63,360 163,460 72,600 196,900 7641 7642 Other data: 1. Raw materials inventory totaled $16.500 on January 1. During the year, $154,000...
For the year ended December 31, 2020, the job cost sheets of Cinta Company contained the...
For the year ended December 31, 2020, the job cost sheets of Cinta Company contained the following data. Job Number Explanation Direct Materials Direct Labor Manufacturing Overhead Total Costs 7640 Balance 1/1 $27,000 $25,920 $31,104 $84,024 Current year’s costs 32,400 38,880 46,656 117,936 7641 Balance 1/1 11,880 19,440 23,328 54,648 Current year’s costs 46,440 51,840 62,208 160,488 7642 Current year’s costs 62,640 59,400 71,280 193,320 Other data: 1. Raw materials inventory totaled $16,200 on January 1. During the year, $151,200...
For the year ended December 31, 2020, the job cost sheets of Pharoah Company contained the following data. Job Number E...
For the year ended December 31, 2020, the job cost sheets of Pharoah Company contained the following data. Job Number Explanation 7640 Direct Materials $26,500 31,800 11,660 45,580 61,480 Balance 1/1 Current year's costs Balance 1/1 Current year's costs Current year's costs Direct Labor $25,440 38,160 19,080 50,880 58,300 Manufacturing Overhead $30,528 45,792 22,896 61,056 69,960 Total Costs $82,468 115,752 53,636 157,516 189,740 7641 7642 Other data: 1. Raw materials inventory totaled $15,900 on January 1. During the year, $148,400...
For the year ended December 31, 2020, the job cost sheets of Onta Company contained the...
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*Problem 20-02A a-c For the year ended December 31, 2020, the job cost sheets of Pharoah...
*Problem 20-02A a-c For the year ended December 31, 2020, the job cost sheets of Pharoah Company contained the following data. Job Number 7640 Explanation Direct Materials Direct Labor Manufacturing Overhead Total Costs 7641 Balance 1/1 Current year's costs Balance 1/1 Current year's costs Current year's costs $26,500 31,800 11,660 45,580 61,480 $25,440 38,160 19,080 50,880 58,300 $30,528 45,792 22,896 61,056 69,960 $82,468 115,752 53,636 157,516 189,740 7642 Other data: 1. Raw materials inventory totaled $15,900 on January 1. During...
Question 9 For the year ended December 31, 2020, the job cost sheets of Devoe Company...
Question 9 For the year ended December 31, 2020, the job cost sheets of Devoe Company contained the following data: Direct Direct Manufacturing Total Job Number Explanation Materials Labour Overhead Costs 7640 Balance 1/1 $25,700 $24,800 $29,700 $80,200 Current year's costs 30,900 35,600 43,200 109,700 7641 Balance 1/1 11,800 18,200 22,300 52,300 Current year's costs 43,600 48,300 58,000 149,900 7642 Current year's costs 48,500 55,700 66,100 170,300 Other data: 1. Raw materials inventory totalled $15,900 on January 1. During the...
P2-2A For the year ended December 31, 2017, the job cost sheets of Cinta Company con-...
P2-2A For the year ended December 31, 2017, the job cost sheets of Cinta Company con- tained the following data. Prepare entries i cost system and income stateme Job 7640 Balance 1/1 7641 Balance 1/1 Direct Direct Manufacturing Total (L01,2,3,4, Number Explanation Materials Labor Overhead $ 77,800 109,200 50,600 148,600 179,000 $25,000 $24,000 Current year's costs 30,000 36,000 $24,000280Costs 11,000 18,000 Current year's costs 43,000 48,000 43,200 21,600 57,600 66,000 7642 Current year's costs58,000 55,000 Other data: f raw 1....
Problem 15-02A For the year ended December 31, 2020, the job cost sheets of Cinta Company...
Problem 15-02A
For the year ended December 31, 2020, the job cost sheets of Cinta
Company contained the following data.
Job
Number
Explanation
Direct
Materials
Direct
Labor
Manufacturing
Overhead
Total
Costs
7640
Balance 1/1
$26,500
$25,440
$30,528
$82,468
Current year’s costs
31,800
38,160
45,792
115,752
7641
Balance 1/1
11,660
19,080
22,896
53,636
Current year’s costs
45,580
50,880
61,056
157,516
7642
Current year’s costs
61,480
58,300
69,960
189,740
Other data:
1.
Raw materials inventory totaled $15,900 on January 1. During
the...
Please help! stuck on A, B, C. P20.2A (LO 1,2,3,4,5) For the year ended December 31,...
Please help! stuck on A, B, C.
P20.2A (LO 1,2,3,4,5) For the year ended December 31, 2020, the job cost sheets of Cinta Company contained the following data. Prepare entries in a job order cost system and partial income statement Job Number Explanation Direct Materials Direct Labor Manufacturing Overhead Total Costs 7640 Balance 1/1 $25,000 $24,000 $28,800 $ 77,800 Current year's costs 30,000 36,000 43,200 109,200 7641 Balance 1/1 11,000 18,000 21,600 50,600 Current year's costs 43,000 48,000 57,600 148,600...
Problem 3.32A - For the year ended December 31, 2020, the job cost sheets of Devoe...
Problem 3.32A - For the year ended December 31, 2020, the job cost sheets of Devoe Company contained the following data: Number 7640 Direct Materials 525,000 30,900 11,000 43,900 48,000 Explanation Balance 1/1 Current year's costs Balance 1/1 Current year's costs Current year's costs Direct Labour $25,000 35,900 18,100 48.500 55,500 7641 Manufacturing Overhead 29,400 44,200 22,100 57,900 67.000 Total Costs $80,200 111.000 51,200 150,300 170,500 7642 Other data: 1. Raw materials inventory totalled $15,200 on January 1. During the...
For the year ended December 31, 2020, the job cost sheets of Cinta Company contained the following data. Job Number 7640 Explanation Balance 1/1 Current year's costs Balance 1/1 Current year's costs Current year's costs Direct Materials $27,500 33,000 12,100 47,300 63,800 Direct Labor $26,400 39,600 19,800 52,800 60,500 Manufacturing Total Overhead Costs $31,680 $85,580 47,520 120,120 23,760 55,660 63,360 163,460 72,600 196,900 7641 7642 Other data: 1. Raw materials inventory totaled $16.500 on January 1. During the year, $154,000...
For the year ended December 31, 2020, the job cost sheets of Pharoah Company contained the following data. Job Number Explanation 7640 Direct Materials $26,500 31,800 11,660 45,580 61,480 Balance 1/1 Current year's costs Balance 1/1 Current year's costs Current year's costs Direct Labor $25,440 38,160 19,080 50,880 58,300 Manufacturing Overhead $30,528 45,792 22,896 61,056 69,960 Total Costs $82,468 115,752 53,636 157,516 189,740 7641 7642 Other data: 1. Raw materials inventory totaled $15,900 on January 1. During the year, $148,400...
For the year ended December 31, 2020, the job cost sheets of Onta Company contained the following data Job Number Direct Materials Direct Labor 7640 Explanation Balance 1/1 Current year's costs Balance 1/1 Current year's costs Current year's costs $29,250 35,100 12,870 50,310 67.860 Manufacturing Overhead $33.000 50,544 25.272 67,292 77,220 $28.080 42,120 21,060 56,160 64,350 7641 Total Costs $91,026 127,764 59,202 173,862 209,430 7642 Other data: 1. 2. 3. 4. 5. 6. Raw materials inventory totaled $17,550 on January...
*Problem 20-02A a-c For the year ended December 31, 2020, the job cost sheets of Pharoah Company contained the following data. Job Number 7640 Explanation Direct Materials Direct Labor Manufacturing Overhead Total Costs 7641 Balance 1/1 Current year's costs Balance 1/1 Current year's costs Current year's costs $26,500 31,800 11,660 45,580 61,480 $25,440 38,160 19,080 50,880 58,300 $30,528 45,792 22,896 61,056 69,960 $82,468 115,752 53,636 157,516 189,740 7642 Other data: 1. Raw materials inventory totaled $15,900 on January 1. During...
Question 9 For the year ended December 31, 2020, the job cost sheets of Devoe Company contained the following data: Direct Direct Manufacturing Total Job Number Explanation Materials Labour Overhead Costs 7640 Balance 1/1 $25,700 $24,800 $29,700 $80,200 Current year's costs 30,900 35,600 43,200 109,700 7641 Balance 1/1 11,800 18,200 22,300 52,300 Current year's costs 43,600 48,300 58,000 149,900 7642 Current year's costs 48,500 55,700 66,100 170,300 Other data: 1. Raw materials inventory totalled $15,900 on January 1. During the...
P2-2A For the year ended December 31, 2017, the job cost sheets of Cinta Company con- tained the following data. Prepare entries i cost system and income stateme Job 7640 Balance 1/1 7641 Balance 1/1 Direct Direct Manufacturing Total (L01,2,3,4, Number Explanation Materials Labor Overhead $ 77,800 109,200 50,600 148,600 179,000 $25,000 $24,000 Current year's costs 30,000 36,000 $24,000280Costs 11,000 18,000 Current year's costs 43,000 48,000 43,200 21,600 57,600 66,000 7642 Current year's costs58,000 55,000 Other data: f raw 1....
Problem 15-02A
For the year ended December 31, 2020, the job cost sheets of Cinta
Company contained the following data.
Job
Number
Explanation
Direct
Materials
Direct
Labor
Manufacturing
Overhead
Total
Costs
7640
Balance 1/1
$26,500
$25,440
$30,528
$82,468
Current year’s costs
31,800
38,160
45,792
115,752
7641
Balance 1/1
11,660
19,080
22,896
53,636
Current year’s costs
45,580
50,880
61,056
157,516
7642
Current year’s costs
61,480
58,300
69,960
189,740
Other data:
1.
Raw materials inventory totaled $15,900 on January 1. During
the...
Please help! stuck on A, B, C.
P20.2A (LO 1,2,3,4,5) For the year ended December 31, 2020, the job cost sheets of Cinta Company contained the following data. Prepare entries in a job order cost system and partial income statement Job Number Explanation Direct Materials Direct Labor Manufacturing Overhead Total Costs 7640 Balance 1/1 $25,000 $24,000 $28,800 $ 77,800 Current year's costs 30,000 36,000 43,200 109,200 7641 Balance 1/1 11,000 18,000 21,600 50,600 Current year's costs 43,000 48,000 57,600 148,600...
Problem 3.32A - For the year ended December 31, 2020, the job cost sheets of Devoe Company contained the following data: Number 7640 Direct Materials 525,000 30,900 11,000 43,900 48,000 Explanation Balance 1/1 Current year's costs Balance 1/1 Current year's costs Current year's costs Direct Labour $25,000 35,900 18,100 48.500 55,500 7641 Manufacturing Overhead 29,400 44,200 22,100 57,900 67.000 Total Costs $80,200 111.000 51,200 150,300 170,500 7642 Other data: 1. Raw materials inventory totalled $15,200 on January 1. During the...
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