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E2-2 (Algo) Preparing Journal Entries [LO 2-S1) Oak Creek Furniture Factory (OCFF), a custom furniture manufacturer,...
Can someone please help with this problem? Oak Creek Furniture Factory (OCFF), a custom furniture manufacturer,...
Can someone please help with this problem?
Oak Creek Furniture Factory (OCFF), a custom furniture manufacturer, uses job order costing to track the cost of each customer order. On March 1, OCFF had two jobs in process with the following costs: Work in Process Job 33 Job 34 Balance on 3/1 $ 4,800 5,000 $9,800 Source documents revealed the following during March: Materials Requisitions Labor Time Forms Tickets Status of Job at Month-End Job 33 $ 3,300 $5,300 Completed and...
Oak Creek Furniture Factory (OCFF), a custom furniture manufacturer, uses job order costing to track the...
Oak Creek Furniture Factory (OCFF), a custom furniture manufacturer, uses job order costing to track the cost of each customer order. On March 1, OCFF had two jobs in process with the following costs Work in Process Balance on 3/1 $ 4,400 Job 33 Job 34 $ 8,000 Source documents revealed the following during March Materials Labor Time Requisitions Tickets Forms 2,500 4,300 Completed and sold Status of Job at Month-End Job 33 Job 34 Job 35 Indirect 3,000 4,500...
Oak Creek Furniture Factory (OCFF), a custom furniture manufacturer, uses job order costing to track the...
Oak Creek Furniture Factory (OCFF), a custom furniture manufacturer, uses job order costing to track the cost of each customer order. On March 1, OCFF had two jobs in process with the following costs: Work in Process Balance on 3/1 Job 33 $ 4,600 Job 34 4,200 $ 8,800 Source documents revealed the following during March: Materials Requisitions Forms Labor Time Tickets Status of Job at Month-End Job 33 $ 3,900 $ 5,300 Completed and sold Job 34 2,400 4,100...
Oak Creek Furniture Factory (OCFF), a custom furniture manufacturer, uses job order costing to track the...
Oak Creek Furniture Factory (OCFF), a custom furniture manufacturer, uses job order costing to track the cost of each customer order. On March 1, OCFF had two jobs in process with the following costs: Work in Process Balance on 3/1 Job 33 $ 5,700 Job 34 4,600 $ 10,300 Source documents revealed the following during March: Materials Requisitions Forms Labor Time Tickets Status of Job at Month-End Job 33 $ 3,900 $ 4,700 Completed and sold Job 34 2,900 4,500...
Oak Creek Furniture Factory (OCFF), a custom furniture manufacturer, uses job order costing to track the...
Oak Creek Furniture Factory (OCFF), a custom furniture manufacturer, uses job order costing to track the cost of each customer order. On March 1, OCFF had two jobs in process with the following costs: Work in Process Job 33 Job 34 Balance on 3/1 $ 7,500 6, eee $ 13,500 Source documents revealed the following during March Materials Requisitions Labor Time Forms Tickets Status of Job at Month-End Job 33 $ 3,500 $ 6,50e Completed and sold Job 34 6,eee...
Oak Crook Furniture Factory IOCFF, a custom future manufacturer, uses job order cosaing to track the...
Oak Crook Furniture Factory IOCFF, a custom future manufacturer, uses job order cosaing to track the cost of each customer order On March LOCFF had two jobs in PTOCOCS with the following co Work in Process Job 34 334 Source documents revealed the following during March Materials Requisitions Labor Time Tickets Status of job at Month-End S plete Completed, but not sold Job 33 $ 11,300 The company applies Overhead to products at a rate of 65 percent of direct...
I Oak Creek Furniture Factory (OCFF, a custom furniture manufacturer, uses job order costing to track...
I Oak Creek Furniture Factory (OCFF, a custom furniture manufacturer, uses job order costing to track the cost of each customer order On March 1 OCFF had two be in process with the following costs Work in Process Job 33 Job 4 0020 Source documents revealed the following during March Job 33 Job 35 3b 35 Requisitos Labor Tin Forns Tickets $ 2, 55,500 3.300 4. 2.100 Statue of Job at Mont Completed and sold Completed, but not sol In...
E2-16 (Algo) Preparing Journal Entries [LO 2-S1) Aquazona Pool Company is a custom pool builder. The...
E2-16 (Algo) Preparing Journal Entries [LO 2-S1) Aquazona Pool Company is a custom pool builder. The company recently completed a pool for the Drayna family (Job 1324) as summarized on the incomplete job cost sheet below.. Assume the company bids its pools at total manufacturing cost plus an additional 20 percent. Job Cost Sheet Job Number: 1324 Date Started: 7/8/2018 Date Completed: 8/30/2018 Description: Drayna Pool Applied Direct Materials Direct Labor Manufacturing Overhead Reg. No Amount Ticket Hours Amount Hours...
PA2-4 (Algo) Preparing Journal Entries (LO 2-S1) Tyler Tooling Company uses a job order cost system...
PA2-4 (Algo) Preparing Journal Entries (LO 2-S1) Tyler Tooling Company uses a job order cost system with overhead applied to products on the basis of machine hours. For the upcoming year, the company estimated its total manufacturing overhead cost at $215,220 and total machine hours at 63,300. During the first month of operations, the company worked on three jobs and recorded the following actual direct materials cost, direct labor cost, and machine hours for each job: Job 101 Job 102...
The company applies overhead to products at a rate of 60 percent of direct labor cost....
The company applies overhead to products at a rate of 60 percent
of direct labor cost.
Required:
1. Compute the cost of Jobs 33, 34, and 35 at
the end of the month.
2. Calculate the balance in the Work in Process
Inventory, Finished Goods Inventory, and Cost of Goods Sold
accounts at month-end.
Oak Creek Furniture Factory (OCFF), a custom furniture manufacturer, uses job order costing to track the cost of each customer order. On March 1, OCFF had...
Can someone please help with this problem?
Oak Creek Furniture Factory (OCFF), a custom furniture manufacturer, uses job order costing to track the cost of each customer order. On March 1, OCFF had two jobs in process with the following costs: Work in Process Job 33 Job 34 Balance on 3/1 $ 4,800 5,000 $9,800 Source documents revealed the following during March: Materials Requisitions Labor Time Forms Tickets Status of Job at Month-End Job 33 $ 3,300 $5,300 Completed and...
Oak Creek Furniture Factory (OCFF), a custom furniture manufacturer, uses job order costing to track the cost of each customer order. On March 1, OCFF had two jobs in process with the following costs Work in Process Balance on 3/1 $ 4,400 Job 33 Job 34 $ 8,000 Source documents revealed the following during March Materials Labor Time Requisitions Tickets Forms 2,500 4,300 Completed and sold Status of Job at Month-End Job 33 Job 34 Job 35 Indirect 3,000 4,500...
Oak Creek Furniture Factory (OCFF), a custom furniture manufacturer, uses job order costing to track the cost of each customer order. On March 1, OCFF had two jobs in process with the following costs: Work in Process Job 33 Job 34 Balance on 3/1 $ 7,500 6, eee $ 13,500 Source documents revealed the following during March Materials Requisitions Labor Time Forms Tickets Status of Job at Month-End Job 33 $ 3,500 $ 6,50e Completed and sold Job 34 6,eee...
Oak Crook Furniture Factory IOCFF, a custom future manufacturer, uses job order cosaing to track the cost of each customer order On March LOCFF had two jobs in PTOCOCS with the following co Work in Process Job 34 334 Source documents revealed the following during March Materials Requisitions Labor Time Tickets Status of job at Month-End S plete Completed, but not sold Job 33 $ 11,300 The company applies Overhead to products at a rate of 65 percent of direct...
I Oak Creek Furniture Factory (OCFF, a custom furniture manufacturer, uses job order costing to track the cost of each customer order On March 1 OCFF had two be in process with the following costs Work in Process Job 33 Job 4 0020 Source documents revealed the following during March Job 33 Job 35 3b 35 Requisitos Labor Tin Forns Tickets $ 2, 55,500 3.300 4. 2.100 Statue of Job at Mont Completed and sold Completed, but not sol In...
E2-16 (Algo) Preparing Journal Entries [LO 2-S1) Aquazona Pool Company is a custom pool builder. The company recently completed a pool for the Drayna family (Job 1324) as summarized on the incomplete job cost sheet below.. Assume the company bids its pools at total manufacturing cost plus an additional 20 percent. Job Cost Sheet Job Number: 1324 Date Started: 7/8/2018 Date Completed: 8/30/2018 Description: Drayna Pool Applied Direct Materials Direct Labor Manufacturing Overhead Reg. No Amount Ticket Hours Amount Hours...
PA2-4 (Algo) Preparing Journal Entries (LO 2-S1) Tyler Tooling Company uses a job order cost system with overhead applied to products on the basis of machine hours. For the upcoming year, the company estimated its total manufacturing overhead cost at $215,220 and total machine hours at 63,300. During the first month of operations, the company worked on three jobs and recorded the following actual direct materials cost, direct labor cost, and machine hours for each job: Job 101 Job 102...
The company applies overhead to products at a rate of 60 percent
of direct labor cost.
Required:
1. Compute the cost of Jobs 33, 34, and 35 at
the end of the month.
2. Calculate the balance in the Work in Process
Inventory, Finished Goods Inventory, and Cost of Goods Sold
accounts at month-end.
Oak Creek Furniture Factory (OCFF), a custom furniture manufacturer, uses job order costing to track the cost of each customer order. On March 1, OCFF had...
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