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At the beginning of the year 20x5, Marsha Co. had a balance of $216637 in work...
At December 31, 20x5, Marsha Co. had a balance of $210766 in work in process, represented...
At December 31, 20x5, Marsha Co. had a balance of $210766 in work in process, represented by the following two jobs: JobA Job B Direct materials $14167 $25049 Direct labour $23071 $30718 $37238 S55767 Marsha Co applies overhead based on direct labour costs. Actual manufacturing overhead for the yeur totaled S148066. What is the under or over applied overhead for 20x5? Select one: O a. $94277 under-applied Ob. $30305 under-applied O c. 562700 over-applied O d. $30305 over-applied
Sirocco Itd. uses a job order costing system. At the beginning of the year 20x14, the...
Sirocco Itd. uses a job order costing system. At the beginning of the year 20x14, the company had 2 jobs in process with the following costs Direct Material Direct Labour Applied Overhead Job #11 S5700 S2371 S1142 Job 2 $2300 $3721 2 The company pays its workers $11.77 per hour and applies overhead based on direct labour hours How much applied overhead does Job 12 have at the beginning of the year? Select one: O a $656 O b. $1792...
5 At the beginning of June, Donewell Company had two jobs in process, Job 44 and...
5
At the beginning of June, Donewell Company had two jobs in process, Job 44 and Job 45, with the following accumulated cost information: Job 44 Job 45 Direct materials $5,000 $1,700 Direct labour 5,200 4,160 Applied overhead 3,100 2,480 Balance, June 1 $13,300 $8,340 During June, two more jobs (46 and 47) were started. The following direct materials and direct labour costs were added to the four jobs during the month of June: Job 44 Job 45 Job 46...
Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories....
Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. It started only two jobs during March—Job P and Job Q. Job P was completed and sold by the end of March and Job Q was incomplete at the end of March. The company uses a plantwide predetermined overhead rate based on direct labor-hours. The following additional information is available for the company as a whole and for Jobs P and Q (all data...
Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. It started only two...
Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. It started only two jobs during March Job P and Job Q. Job P was completed and sold by the end of the March and Job Q was incomplete at the end of the March. The company uses a plantwide predetermined overhead rate based on direct labor-hours. The following additional information is available for the company as a whole and for Jobs P and...
Prepare Job-Order Cost Sheets, Predetermined Overhead Rate, Ending Balance of WIP, Finished Goods, and COGS At...
Prepare Job-Order Cost Sheets, Predetermined Overhead Rate, Ending Balance of WIP, Finished Goods, and COGS At the beginning of June, Donewell Company had two jobs in process, Job 44 and Job 45, with the following accumulated cost information: Job 44 Job 45 Direct materials $5,000 $1,800 Direct labour 4,400 3,520 Applied overhead 3,800 3,040 Balance, June 1 $13,200 $8,360 During June, two more jobs (46 and 47) were started. The following direct materials and direct labour costs were added to...
Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories....
Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departments-Molding and Fabrication. It started, completed, and sold only two jobs during March, Job P and Job Q. The following additional information is available for the company as a whole and for Jobs P and Q (all data and questions relate to the month of March): Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead...
Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories....
Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departments-Molding and Fabrication. It started, completed, and sold only two jobs during March- Job P and Job Q. The following additional information is available for the company as a whole and for Jobs P and Q (all data and questions relate to the month of March): Estimated total machine-hours used Molding Fabrication Total 2,500 1,500 4,000 Estimated total fixed...
ex.04.38 Job-Order Costing Variables On July 1, Job 46 had a beginning balance of $700. During...
ex.04.38
Job-Order Costing Variables On July 1, Job 46 had a beginning balance of $700. During July, prime costs added to the job totaled 5680. Of that amount, direct materials were three times as much as direct labor. The ending balance of the job was $1,500. Required: 1. What was overhead applied to the job during July? 2. What was direct materials for Job 46 for July? Direct labor? If rounding is required, round your answers to the nearest cent....
Instructions At the beginning of June, Rhone Company had two jobs in process, Job 44 and...
Instructions At the beginning of June, Rhone Company had two jobs in process, Job 44 and Job 45, with the following accumulated cost information: Job 44 Job 45 Direct materials $5,250 $1,600 Direct labor 1,500 3,300 Applied overhead 1.125 2,475 Balance, June 1 $7.875 $7,375 During June, two more jobs (46 and 47) were started. The following direct materials and direct labor costs were added to the four jobs during the month of June: Job 64 Job 45 Job 46...
At December 31, 20x5, Marsha Co. had a balance of $210766 in work in process, represented by the following two jobs: JobA Job B Direct materials $14167 $25049 Direct labour $23071 $30718 $37238 S55767 Marsha Co applies overhead based on direct labour costs. Actual manufacturing overhead for the yeur totaled S148066. What is the under or over applied overhead for 20x5? Select one: O a. $94277 under-applied Ob. $30305 under-applied O c. 562700 over-applied O d. $30305 over-applied
Sirocco Itd. uses a job order costing system. At the beginning of the year 20x14, the company had 2 jobs in process with the following costs Direct Material Direct Labour Applied Overhead Job #11 S5700 S2371 S1142 Job 2 $2300 $3721 2 The company pays its workers $11.77 per hour and applies overhead based on direct labour hours How much applied overhead does Job 12 have at the beginning of the year? Select one: O a $656 O b. $1792...
5
At the beginning of June, Donewell Company had two jobs in process, Job 44 and Job 45, with the following accumulated cost information: Job 44 Job 45 Direct materials $5,000 $1,700 Direct labour 5,200 4,160 Applied overhead 3,100 2,480 Balance, June 1 $13,300 $8,340 During June, two more jobs (46 and 47) were started. The following direct materials and direct labour costs were added to the four jobs during the month of June: Job 44 Job 45 Job 46...
Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. It started only two jobs during March Job P and Job Q. Job P was completed and sold by the end of the March and Job Q was incomplete at the end of the March. The company uses a plantwide predetermined overhead rate based on direct labor-hours. The following additional information is available for the company as a whole and for Jobs P and...
Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departments-Molding and Fabrication. It started, completed, and sold only two jobs during March, Job P and Job Q. The following additional information is available for the company as a whole and for Jobs P and Q (all data and questions relate to the month of March): Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead...
Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departments-Molding and Fabrication. It started, completed, and sold only two jobs during March- Job P and Job Q. The following additional information is available for the company as a whole and for Jobs P and Q (all data and questions relate to the month of March): Estimated total machine-hours used Molding Fabrication Total 2,500 1,500 4,000 Estimated total fixed...
ex.04.38
Job-Order Costing Variables On July 1, Job 46 had a beginning balance of $700. During July, prime costs added to the job totaled 5680. Of that amount, direct materials were three times as much as direct labor. The ending balance of the job was $1,500. Required: 1. What was overhead applied to the job during July? 2. What was direct materials for Job 46 for July? Direct labor? If rounding is required, round your answers to the nearest cent....
Instructions At the beginning of June, Rhone Company had two jobs in process, Job 44 and Job 45, with the following accumulated cost information: Job 44 Job 45 Direct materials $5,250 $1,600 Direct labor 1,500 3,300 Applied overhead 1.125 2,475 Balance, June 1 $7.875 $7,375 During June, two more jobs (46 and 47) were started. The following direct materials and direct labor costs were added to the four jobs during the month of June: Job 64 Job 45 Job 46...
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