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3-4 in a google doc or excel doc if possible LE D/2001 ISA SOUTH ner gabore Job Order Couting Cost Flowed Reporting Required tas car?
3-4 in a google doc or excel doc if possible
LE D/2001 ISA SOUTH ner gabore Job Order Couting Cost Flowed Reporting Required tas car? 1. for month Prepare a schedule of cost of goods sold for the trueth Arde undergoed er ovene plied overhead is closed to Cos of Goods Sold Gods BERCISE 3-4 Underaged and reached 104 Osborn Manufacturing wes a perdere vertade of 518 permet la bout. This predetermined rate was based on a coa formatum 21.00 overhead for an estimated activity level of 12.000 de litroen The company actually incurred $215.000 of manufacturing ocean 11.500 lb hours during the period Hequired 1 period Determine the amount of underapplied or overapplied man wheat for 2. Assume that the company's underapplied or overapplied overhead is too Sold. Would the journal entry to dispose of the underapplied or appliance er decrease the company's gross maria? By how much direct -direct mpany EXERCISE 3-5 Journal Entries and account LO-LON- The Polaris Company uses a job order costing system. The following credit October Raw materials purchased on account. $210,000 Raw materials used in production 5190.000 SITK.000 direct materials and 12.000 indired materials Accrued direct labor cost of $90,000 and indirect or cow of 110.000 Depreciation recorded on factory crimen, 500,000 Other manufacturing overhead costs accrued during October. 570.000 The company applies manufacturing overhead cost to proga predetermined of $8 per machine hour. A total of 30,000 machine-hours were used in cober Jobs costing $520,000 according to their job coches were completed during sober and transferred to Finished Goods lobs that had cost $180.000 to complete according to their job cochots were hipped customers during the month. These jobs were sold at 256 boveco Required 1. Prepare journal entries to record the transactions proven above 2. T-accounts for Manufacturing Overhead and Work in Process the relevant actions from above to each account. Compute the ending balance in each com that Work in Process has a beginning balance of 50.000 EXERCISE 3-6 Schedules of Cost of Goods Manufactured and cost of Good Son Income Statemet L03-5 The following data from the just completed you are taken from the code of Me Company direct as for anede fold tion Sales. Dect labor cost Raw material purchases Selling expenses Administrative expenses Manufacturing overhead eplied to w proces Actus manufacturing overhead costs 5524 000 370.000 $110.000 $140.000 153.000 500.000 580,000 57.000 $10.000 520000 Erdog $15.000 55.000 $35.000 Work in process Frushed goods Step by Step Solution
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