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4600k Entries and Schedules for Unfinished Jobs and Completed Jobs Hidreth Company uses border cost system. The following data surmarire the operation related to production
4600k Entries and Schedules for Unfinished Jobs and Completed Jobs Hidreth Company uses border cost system. The following data surmarire the operation related to production for Art, the first month of operations . Materials purchased on account, 53,210 b. Materials requisition and factory taborused: Materials Job No. 101 102 103 Factory Labor $1.910 2,580 1.260 1.740 3.610 2,290 2,830 $2,280 2.780 1.550 6,250 3.970 2.900 780 104 105 106 For general factory use c. Factory overtread costs incurred on account, $1,350. d. Depreciation of machinery and equipment, 31,360. e. The factory overhead rate is $5 per machine hour Machine hours used Job No. Machine Hours 27 101 102 38 103 26 104 75 103 23 100 31 Check My Work All work saved Email Instructor Save and Exk su Assignment Score: 10.78% eBook Print Item 103 1,850 104 6,250 3,970 1,260 4,740 3,610 105 106 2,900 2,290 For general factory use 780 2,830 c. Factory overhead costs incurred on account, $4,350 d. Depreciation of machinery and equipment, $1,360. e. The factory overhead rate is $35 per machine hour Machine hours used: Job No. Machine Hours 101 27 102 38 103 26 104 75 105 23 106 31 Total 220 1. Jobs completed: 101, 102, 103, and 105. 9. Jobs were shipped and customers were billed as follows: Job 101, $6,160; Job 102, $8,030, Job 105, $11,660. Required: 1. Journalize the entries to record the summarized operations. For a compound transaction, if an amount box does not require an entry leave it blank Entries Daereininn nahit Credit Check My Work signment Score: 10.78% All work saved. Em 1. Journalize the entries to record the summarized operations. For a compound transdom, II all Debit Description Credit Entries a Materials Accounts Payable b. Work in Process Factory Overhead Materials Wages Payable > C Factory Overhead Accounts Payable d. Factory Overhead Accumulated Depreciation Machinery and Equipment Work in Process Factory Overhead Finished Goods war in Drace Check My Work Assignment Score: 10.78% All work saved MacBook esc F1 F2 F3 F4 F5 F6 A @ 2 W # 1 $ 4 % 5 6 Acos Mal Youtube 9 Maps Term Project Factory OWN ebook Printem Finished Goods Work in Process Accounts Receivable Sale Sales 9 Cost Contecode Kinished 0.0001 2. Pout the appropriate entries to accounts for Work in Process and finished Goods, using the identifying letters transaction codes Insert memo account balances of the end of the month Work in Process Bal Finished Goods Bal 3. Prepare a schedule of unfinished jobs to support the balance in the work in process account Term Project eBook Print Item Bal. 3. Prepare a schedule of unfinished jobs to support the balance in the work in process account. Hildreth Company Schedule of Unfinished Jobs Job Direct Materials Direct Labor Factory Overhead Total $ Balance of Work in Process, April 30 4. Prepare a schedule of completed jobs on hand to support the balance in the finished goods account. Hildreth Company Schedule of Completed Jobs Job Direct Materials Direct Labor Factory Overhead Total $ Feedback Check My Work Check My Work Assignment Score: 10.78% All work MacB
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