Journal entries for job order costing LO_4,5 Kayak Kountry manufactures goods on a job order basis. During the month of April, three jobs were started in process. (There was no work in process at the beginning of the month.) Jobs Racers and Cruisers were completed and sold during the month (selling prices: Job Racers, $22,000; Job Cruisers, 27,000); Job Floaters was still in process at the end of April.

The following data came from the job cost sheets for each job.These costs included a total of $ 1 ,200 of indirect materials and $900 of indirect labor. One work in process control account is used for all jobs.

Prepare journal entries to record the following:

a. Materials used.

b. Factory wages and salaries earned

c. Factory Overhead transferred to Work in Process.

d. Jobs completed,

e. Jobs sold

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Racers Cruisers Floaters Direct materials. $5,000 $6,000 $3,500 Direct labor.. 4,000 5,000 2.500 Factory overhead. 3,000 4,500 2,000