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1. Three answers on my Manufacturing Overhead are wrong such as: 457800, 105000, and 131000. 2- And two on my Work in Process are wrong
1. Three answers on my Manufacturing Overhead are wrong such as: 457800, 105000, and 131000.
Document - Word Rories Ach Hone View Acrobat Share Cate Verde Design Layout rences Mailings Review 10 - A A A A E BE A KAD.A. ABC ABCD AaBbc Alb Tom No Heading Heading Dind- Geplace Set If that wg Cand Share Neger Font 16 Acte Art Wine The Polaris Company uses a job-order costing system. The following transactions occurred in October a. Raw materials purchased on account, $209,000 b. Baw materials used in production, $189,000 ($15.1.200 direct materials and $37.800 indirect materials). Accrued direct labor cost of $49,000 and indirect labor cost of $21.000, d. Depreciation recorded on factory equipment, $104.000. e other manufacturing overhead costs accrued during October $129.000 The company applies manufacturing overhead cost to production using a predetermined rate of $7 per machine-hour. A total of 76.400 machine-hours were used in October & Jobs costing 5514,000 according to their job cost sheets were completed during October and transferred to Finished Goods h. Jobs that had cost $448,000 to complete according to their job cost sheets were shipped to customers during the month. These jobs were sold on account at 30% above cost Required: 1. Prepare journal entries to record the transactions given above 2. Prepare T-accounts for Manufacturing Overhead and Work in Process Post the relevant transactions from above to each account. Compute the ending balance in each account, assuming that Work in Process has a beginning balance of $35,000 1 Complete this question by entering your answers in the tabs below Prepancomte for Manufacturing Overhead and Work in Process out the relevant transacties from above to each account Compute die ending balance in each cott Work in Process is being of S15,000 o DE Complete this question by entering your answers in the tabs below. Prepare T-accounts for Manufacturing Overhead and Work in Process Post the relevant transactions from above to each account Compute the enemy balance cachoro, the Work Process has a beginning balance of 535.000 LLL 512.000 Bogbal 457 800 Beg bal Manufacturing Overhead 0 37 800 21 000 105 000 131 000 Work in Process 35.000 151,200 49.000 457.500 163.000 151000 BP . O . O 6 7 15 8 3 P R T w E 2- And two on my Work in Process are wrong as well. They are: 512000, and 457800.
Can you please help me out solve them?
Thank you!!
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