Question

i Data Table - Kimberloo Corporation manufactures custom cabinets for kitchens. It uses a normal.costing system with two direct cost categories-direct materials and direct manufacturing laborand one indirect cost pool, manufacturing overhead costs. It provides the following information for April 2020: (Click the icon to view the information for 2020.) The following (Click the Read the real Present the joumal entry for (a) usage of direct and indirect materials. (Record debits first, then credits. Explanations are not required.) Journal Entry Accounts Debit Credit Actual direct materials used $ 30,000 Actual direct manufacturing labor costs paid in cash $ 55,000 Indirect materials used $ 1,500 Supervision and engineering salaries paid in cash $ $ 51.000 Plant utilities and repairs paid in cash S 14,000 Plant depreciation S $ 15,000 Actual direct manufacturing labor-hours 3,100 Cost of individual jobs completed and transferred to finished goods $ 210,000 Cost of goods sold $ 145,000 (a) Present the journal entry for (b) manufacturing labor incurred Print Done Journal Entry Accounts Debit Credit (b) Data Table $ 1,295,000 Present the journal entry for (c) manufacturing overhead costs incurred. Budgeted manufacturing overhead costs Budgeted direct manufacturing labor-hours 37,000 hours Journal Entry APPArnte nahle Crorit Print Done Choose from any list or enter any number in the input fields and then continue to the next question.

Answer 1

Transaction	Accounts	Debit	Credit
		$	$
a.	Work in process inventory	30,000
	Manufacturing overhead	1,500
	Materials inventory		31,500
b.	Work in Process Inventory	55,000
	Manufacturing Overhead	51,000
	Cash		106,000
c.	Manufacturing Overhead	29,000
	Cash		14,000
	Accumulated Depreciation		15,000
d.	Work in Process Inventory	108,500
	Manufacturing Overhead ( 1,295,000 / 37,000) * 3,100		108,500
e.	Finished Goods Inventory	210,000
	Work in Process Inventory		210,000
f.	Cost of Goods Sold	145,000
	Finished Goods Inventory		145,000