Cosmo Corporation placed 16,500 units into production for Job No. 16. Normal defective units for this job are estimated to be 100 units. The actual defective units were 250. The total cost to rework the defective units is as follows: mkiu85

Required:
Write the journal entries necessary to record the above information assuming that normal rework costs were a Allocated to all jobs (included in the factory overhead application rate)
b Allocated to specific jobs (not included in the factory overhead application rate)

Transcribed Image Text:

Direct materials. Direct labor..... Applied factory overhead (30% of direct labor). Total... $300 450 135 $885