Rework in job costing, journal entry (continuation of 18-40). Assume that the five spoiled units of Whitefish
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Rework in job costing, journal entry (continuation of 18-40). Assume that the five spoiled units of Whitefish Machine Shop's Job # 10 can be reworked for a total cost of $1,800. A total cost of $5,000 associated with these units has already been assigned to Job # 10 before the rework. REQUIRED Prepare the journal entries for the rework, assuming:
a. The rework is related to a specific job.
b. The rework is common to all jobs.
c. The rework is considered to be abnormal.
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Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 9780135004937
5th Canadian Edition
Authors: Charles T. Horngren, Foster George, Srikand M. Datar, Maureen P. Gowing
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