Mark Tool Company during January the first month of operations accumulated the following costs: a) Purchased...
Mark Tool Company during January the first month of operations accumulated the following costs: a) Purchased raw materials on account / on credit $8,000; b) Paid factory wages $10,000; and c) Utilities payable $4,000. d) Depreciation machinery $6,000 Prepare separate entries for each of the above:
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Mark Tool Company during January the first month of operations
accumulated the following costs: a) Purchased...
During January, its first month of operations, Reyes Tool & Die accumulated the following manufacturing costs:...
During January, its first month of operations, Reyes Tool & Die accumulated the following manufacturing costs: raw materials $5.800 on account; factory labour $7,300, of which $5,500 relates to factory wages payable and $1,800 relates to payroll taxes payable: and utilities payable $2,100. Prepare separate journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
During January, its first month of operations, Dieker Company accumulated the following manufacturing costs: raw materials...
During January, its first month of operations, Dieker Company accumulated the following manufacturing costs: raw materials $5,400 on account, factory labor $7,300 of which $5,600 relates to factory wages payable and $1,700 relates to payroll taxes payable, and factory utilities payable $2,600. Prepare separate journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 31 (To record purchase of raw...
During January, its first month of operations, Sunland Company accumulated the following manufacturing costs: raw materials...
During January, its first month of operations, Sunland Company accumulated the following manufacturing costs: raw materials $5,700 on account, factory labor $6,300 of which $5,500 relates to factory wages payable and $800 relates to payroll taxes payable, and factory utilities payable $2,700. Prepare separate journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 31 (To record purchase of raw...
During January, its first month of operations, Dieker Company accumulated the following manufacturing costs: raw materials...
During January, its first month of operations, Dieker Company
accumulated the following manufacturing costs: raw materials
purchased $4,000 on account, factory labor $6,000, and utilities
payable $2,000.
Brief Exercise 2A-2 During January, its first month of operations, Dieker Company accumulated the following manufacturing costs: raw mate $2,000. Record the company's manufacturing costs in its job order costing system. Manufacturing Costs Raw Materials Inventory Factory Labor Manufacturing Overhead Purchased raw materials Incurred factory labor Factory utilities पी पी Balance LINK TO...
During January, its first month of operations, Dieker Company accumulated the following manufacturing costs: raw materials...
During January, its first month of operations, Dieker Company accumulated the following manufacturing costs: raw materials $5,400 on account, factory labor $6,700 of which $5,900 relates to factory wages payable and $800 relates to payroll taxes payable, and factory utilities payable $2,100. Prepare separate journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 31 enter an account title to...
During January, its first month of operations, Whispering Winds Company accumulated the following manufacturing costs: raw...
During January, its first month of operations, Whispering Winds Company accumulated the following manufacturing costs: raw materials purchased $5,400 on account, factory labor $6,100, and utilities payable $2,500. Record the company's manufacturing costs in its job order costing system. Manufacturing Costs Factory Labor Raw Materials Inventory Manufacturing Overhead Purchased raw materials $ $ $ Incurred factory labor Factory utilities Balance During January, its first month of operations, Flounder Company accumulated the following manufacturing costs: raw materials purchased $5,300 on account,...
During January, its first month of operations, Bridgeport Company accumulated the following manufacturing costs: raw materials...
During January, its first month of operations, Bridgeport Company accumulated the following manufacturing costs: raw materials purchased $5,400 on account, factory labor $7,300, and utilities payable $2,600. In January, requisitions of raw materials for production are as follows: Job 1 $910, Job 2 $1,400, Job 3 $810, and general factory use $610. Record raw materials used. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
During January, its first month of operations, Flounder Company accumulated the following manufacturing costs: raw materials...
During January, its first month of operations, Flounder Company accumulated the following manufacturing costs: raw materials purchased $5,300 on account, factory labor $7,400, and utilities payable $3,100. In January, requisitions of raw materials for production are as follows: Job 1 $960, Job 2 $1,400, Job 3 $760, and general factory use $620. Record raw materials used. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Manufacturing Costs Factory Labor Raw Materials Inventory...
Question 2 ew Policies arrent Attempt in Progress During the first year of operations, Shapiro Tool...
Question 2 ew Policies arrent Attempt in Progress During the first year of operations, Shapiro Tool accumulated the following manufacturing costs: Raw materials purchased on account Factory labor accrued Incurred manufacturing overhead on account $12,000 6,000 4,000 Prepare separate journal entries for each manufacturing cost. (Record journal entries in the order presented in the problem. Credit account title when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit e Textbook and Media
During the current month, Blossom Company incurs the following manufacturing costs. (a) Purchased raw materials of...
During the current month, Blossom Company incurs the following
manufacturing costs.
(a)
Purchased raw materials of $17,000 on account.
(b)
Incurred factory labor of $38,000. Of that amount, $29,000
relates to wages payable and $9,000 relates to payroll taxes
payable.
(c)
Factory utilities of $3,000 are payable, prepaid factory
property taxes of $2,500 have expired, and depreciation on the
factory building is $8,000.
Prepare journal entries for each type of manufacturing cost.
(Credit account titles are automatically indented when
amount...
During January, its first month of operations, Reyes Tool & Die accumulated the following manufacturing costs: raw materials $5.800 on account; factory labour $7,300, of which $5,500 relates to factory wages payable and $1,800 relates to payroll taxes payable: and utilities payable $2,100. Prepare separate journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
During January, its first month of operations, Dieker Company accumulated the following manufacturing costs: raw materials $5,400 on account, factory labor $7,300 of which $5,600 relates to factory wages payable and $1,700 relates to payroll taxes payable, and factory utilities payable $2,600. Prepare separate journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 31 (To record purchase of raw...
During January, its first month of operations, Dieker Company
accumulated the following manufacturing costs: raw materials
purchased $4,000 on account, factory labor $6,000, and utilities
payable $2,000.
Brief Exercise 2A-2 During January, its first month of operations, Dieker Company accumulated the following manufacturing costs: raw mate $2,000. Record the company's manufacturing costs in its job order costing system. Manufacturing Costs Raw Materials Inventory Factory Labor Manufacturing Overhead Purchased raw materials Incurred factory labor Factory utilities पी पी Balance LINK TO...
During January, its first month of operations, Whispering Winds Company accumulated the following manufacturing costs: raw materials purchased $5,400 on account, factory labor $6,100, and utilities payable $2,500. Record the company's manufacturing costs in its job order costing system. Manufacturing Costs Factory Labor Raw Materials Inventory Manufacturing Overhead Purchased raw materials $ $ $ Incurred factory labor Factory utilities Balance During January, its first month of operations, Flounder Company accumulated the following manufacturing costs: raw materials purchased $5,300 on account,...
During January, its first month of operations, Flounder Company accumulated the following manufacturing costs: raw materials purchased $5,300 on account, factory labor $7,400, and utilities payable $3,100. In January, requisitions of raw materials for production are as follows: Job 1 $960, Job 2 $1,400, Job 3 $760, and general factory use $620. Record raw materials used. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Manufacturing Costs Factory Labor Raw Materials Inventory...
Question 2 ew Policies arrent Attempt in Progress During the first year of operations, Shapiro Tool accumulated the following manufacturing costs: Raw materials purchased on account Factory labor accrued Incurred manufacturing overhead on account $12,000 6,000 4,000 Prepare separate journal entries for each manufacturing cost. (Record journal entries in the order presented in the problem. Credit account title when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit e Textbook and Media
During the current month, Blossom Company incurs the following
manufacturing costs.
(a)
Purchased raw materials of $17,000 on account.
(b)
Incurred factory labor of $38,000. Of that amount, $29,000
relates to wages payable and $9,000 relates to payroll taxes
payable.
(c)
Factory utilities of $3,000 are payable, prepaid factory
property taxes of $2,500 have expired, and depreciation on the
factory building is $8,000.
Prepare journal entries for each type of manufacturing cost.
(Credit account titles are automatically indented when
amount...
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