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E2-3 (Algo) Analyzing Labor Time Tickets and Recording Labor Costs [LO 2-2, 2-4) A weekly time...
E2-3 Analyzing Labor Time Tickets and Recording Labor Costs [LO 2-2, 2-4] A weekly time ticket...
E2-3 Analyzing Labor Time Tickets and Recording Labor Costs [LO 2-2, 2-4] A weekly time ticket for Joyce Caldwell follows: Dates: Monday 8/12 - Friday 8/16, 2016 Direct Labor Time Ticket Ticket Number: TT338 Employee: Joyce Caidwell Date 8/12/2016 8/13/2016 8/14/2016 8/15/2016 8/15/2016 8/16/2016 Time Started 7:00 AM 7:00 AM 7:00 AM 7:00 AM 12:00 PM 7:00 AM Time Ended 3:00 PM 3:00 PM 3:00 PM 11:00 AM 4:00 PM 3:00 PM Weekly Total Hourly Labor Rate Total Wages Earned...
A weekly time ticket for Joyce Caldwell follows: Direct Labor Time Ticket Dates: Monday 8/12 −...
A weekly time ticket for Joyce Caldwell follows: Direct Labor Time Ticket Dates: Monday 8/12 − Friday 8/16, 2016 Ticket Number: TT338 Employee: Joyce Caidwell Date Time Started Time Ended Total Hours Job Number 8/12/2016 7:00 AM 3:00 PM 8 hours Job 271 8/13/2016 7:00 AM 3:00 PM 8 hours Job 271 8/14/2016 7:00 AM 3:00 PM 8 hours Job 272 8/15/2016 7:00 AM 11:00 AM 4 hours Job 272 8/15/2016 12:00 PM 4:00 PM 4 hours Maintenance 8/16/2016 7:00...
Recording Factory Labor Costs The weekly time tickets indicate the following distribution of labor hours for...
Recording Factory Labor Costs The weekly time tickets indicate the following distribution of labor hours for three direct labor employees: Hours Process Job 560A Job 560B Job 5600 Improvement Eva Leavitt 22 98 Micah Stone 13 18 12 3 Travis Hendrix 10 12 12 The direct labor rate earned per hour by the three employees is as follows: Leavitt $20 Stone 22. Hendrix 18 The process improvement category includes training, quality improvement, housekeeping, and other indirect tasks. a. Determine the...
Entry for Factory Labor Costs The weekly time tickets indicate the following distribution of labor hours...
Entry for Factory Labor Costs The weekly time tickets indicate the following distribution of labor hours for three direct labor employees: Hours Job 301 Job 302 Job 303 Process Improvement Tom Couro 19 10 5 5 David Clancy 9 15 11 4 Jose Cano 10 14 9 5 The direct labor rate earned per hour by the three employees is as follows: Tom Couro $20 David Clancy 22 Jose Cano 18 The process improvement category includes training, quality improvement, and...
Entry for Factory Labor Costs The weekly time tickets indicate the following distribution of labor hours...
Entry for Factory Labor Costs The weekly time tickets indicate the following distribution of labor hours for three direct labor employees: Hours Job 301 Job 302 Job 303 Process Improvement Tom Couro w David Clancy 91514 Jose Cano The direct labor rate earned per hour by the three employees is as follows: $20 Tom Couro David Clancy Jose Cano 18 The process improvement category includes training, quality improvement, and other indirect tasks. a. Journalize the entry to record the factory...
3 and 4 3. Discharge rates for a flood hydrograph passing the outlet of a 600-acre...
3 and 4
3. Discharge rates for a flood hydrograph passing the outlet of a 600-acre drainage basin is given below. The flood was produced by a uniform rainfall rate of 2.75 in/hr, which started at 9 am and ended abruptly at 11 am. Time (hr)Q (cfs) 8:00 AM100 9:00 AM100 10:00 AM 300 11:00 AM 500 12:00 PM 700 1:00 PM800 2:00 PM600 3:00 PM400 4:00 PM 300 5:00 PM 6:00 PM 100 7:00 PM100 200 a) At what...
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...
E2-18 (Algo) Calculating Actual and Applied Manufacturing Overhead Costs and Over-or Underappiled Overhead Costs [LO 2-3,2-4,2-5,...
E2-18 (Algo) Calculating Actual and Applied Manufacturing Overhead Costs and Over-or Underappiled Overhead Costs [LO 2-3,2-4,2-5, 2-6) Verizax Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated es manufacturing overhead costat 1420 Estimated direct labore was $461.270 for 19.300 hours Actual costs for the most recent month are summarized here Total Cost Direct Labor (1,90 hours) Indirect ateriat Factory rent...
E2-9 (Algo) Calculating Cost of Jobs [LO 2-4, 2-6) Manufacturing costs for Davenport Company during 2018...
E2-9 (Algo) Calculating Cost of Jobs [LO 2-4, 2-6) Manufacturing costs for Davenport Company during 2018 were as follows: Beginning Finished Goods, 1/1/18 Beginning Raw Materials, 1/1/18 Beginning Work in Process, 1/1/18 Direct Labor for 2018 Ending Finished Goods, 12/31/18 Ending Raw Materials, 12/31/18 Ending Work in Process, 12/31/18 Material Purchases for 2018 (including $24,000 of indirect material) 25,900 37,300 112,100 277,100 24,200 41,150 122,400 306,000 Required: 1. Compute direct material used. 2. Compute applied overhead if the company applies...
E2-9 (Algo) Calculating Cost of Jobs (LO 2-4, 2-6) Manufacturing costs for Davenport Company during 2018...
E2-9 (Algo) Calculating Cost of Jobs (LO 2-4, 2-6) Manufacturing costs for Davenport Company during 2018 were as follows: $ Beginning Finished Goods, 1/1/18 Beginning Raw Materials, 1/1/18 Beginning Work in Process. 1/1/18 Direct Labor for 2018 Ending Finished Goods, 12/31/18 Ending Raw Materials, 12/31/18 Ending Work in Process, 12/31/18 Material Purchases for 2018 (including $19,000 of indirect material) 24,900 36. 300 111, 100 276,100 23, 200 40,650 121,400 305,000 Required: 1. Compute direct material used. 2. Compute applied overhead...
E2-3 Analyzing Labor Time Tickets and Recording Labor Costs [LO 2-2, 2-4] A weekly time ticket for Joyce Caldwell follows: Dates: Monday 8/12 - Friday 8/16, 2016 Direct Labor Time Ticket Ticket Number: TT338 Employee: Joyce Caidwell Date 8/12/2016 8/13/2016 8/14/2016 8/15/2016 8/15/2016 8/16/2016 Time Started 7:00 AM 7:00 AM 7:00 AM 7:00 AM 12:00 PM 7:00 AM Time Ended 3:00 PM 3:00 PM 3:00 PM 11:00 AM 4:00 PM 3:00 PM Weekly Total Hourly Labor Rate Total Wages Earned...
Recording Factory Labor Costs The weekly time tickets indicate the following distribution of labor hours for three direct labor employees: Hours Process Job 560A Job 560B Job 5600 Improvement Eva Leavitt 22 98 Micah Stone 13 18 12 3 Travis Hendrix 10 12 12 The direct labor rate earned per hour by the three employees is as follows: Leavitt $20 Stone 22. Hendrix 18 The process improvement category includes training, quality improvement, housekeeping, and other indirect tasks. a. Determine the...
Entry for Factory Labor Costs The weekly time tickets indicate the following distribution of labor hours for three direct labor employees: Hours Job 301 Job 302 Job 303 Process Improvement Tom Couro w David Clancy 91514 Jose Cano The direct labor rate earned per hour by the three employees is as follows: $20 Tom Couro David Clancy Jose Cano 18 The process improvement category includes training, quality improvement, and other indirect tasks. a. Journalize the entry to record the factory...
3 and 4
3. Discharge rates for a flood hydrograph passing the outlet of a 600-acre drainage basin is given below. The flood was produced by a uniform rainfall rate of 2.75 in/hr, which started at 9 am and ended abruptly at 11 am. Time (hr)Q (cfs) 8:00 AM100 9:00 AM100 10:00 AM 300 11:00 AM 500 12:00 PM 700 1:00 PM800 2:00 PM600 3:00 PM400 4:00 PM 300 5:00 PM 6:00 PM 100 7:00 PM100 200 a) At what...
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...
E2-18 (Algo) Calculating Actual and Applied Manufacturing Overhead Costs and Over-or Underappiled Overhead Costs [LO 2-3,2-4,2-5, 2-6) Verizax Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated es manufacturing overhead costat 1420 Estimated direct labore was $461.270 for 19.300 hours Actual costs for the most recent month are summarized here Total Cost Direct Labor (1,90 hours) Indirect ateriat Factory rent...
E2-9 (Algo) Calculating Cost of Jobs [LO 2-4, 2-6) Manufacturing costs for Davenport Company during 2018 were as follows: Beginning Finished Goods, 1/1/18 Beginning Raw Materials, 1/1/18 Beginning Work in Process, 1/1/18 Direct Labor for 2018 Ending Finished Goods, 12/31/18 Ending Raw Materials, 12/31/18 Ending Work in Process, 12/31/18 Material Purchases for 2018 (including $24,000 of indirect material) 25,900 37,300 112,100 277,100 24,200 41,150 122,400 306,000 Required: 1. Compute direct material used. 2. Compute applied overhead if the company applies...
E2-9 (Algo) Calculating Cost of Jobs (LO 2-4, 2-6) Manufacturing costs for Davenport Company during 2018 were as follows: $ Beginning Finished Goods, 1/1/18 Beginning Raw Materials, 1/1/18 Beginning Work in Process. 1/1/18 Direct Labor for 2018 Ending Finished Goods, 12/31/18 Ending Raw Materials, 12/31/18 Ending Work in Process, 12/31/18 Material Purchases for 2018 (including $19,000 of indirect material) 24,900 36. 300 111, 100 276,100 23, 200 40,650 121,400 305,000 Required: 1. Compute direct material used. 2. Compute applied overhead...
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