6 Question 9 - Week3 Homework X + o > raw rev 0 ex Hill g; u a. _ . 4:12 PM E: ,0 Type here to search 0 El a) 6 ,1 86 F Mostly sunny A 5 El \") c' 7/22/2021 $1) ' Question 9 - Week 3 Homework X + X C D ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/... . . . Week 3 Homework i Saved Help Save & Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 9 Record these purchases with a single journal entry. Enter the receiving report information on the materials ledger cards. b. Requisitioned the following raw materials for production. 10 points Requisition No. 35, for Job 102, 162 units of Material M. Requisition No. 36, for Job 102, 72 units of Material R. Requisition No. 37, for Job 103, 84 units of Material M. Requisition No. 38, for Job 103, 114 units of Material R. Requisition No. 39, for 27 units of paint. Enter amounts for direct materials requisitions on the materials ledger cards and the job cost sheets. Enter the indirect materials amount on the materials ledger card. c. Received the following employee time tickets for work in May. Time tickets Nos. 1 to 10 for direct labor on Job 102, $89,000. Time tickets Nos. 11 to 30 for direct labor on Job 103, $53,000. Time tickets Nos. 31 to 36 for equipment repairs, $20,000. Mc Graw Hill Type here to search O 4:13 PM 3 86.F Mostly sunny ~ ( 4.) 7/22/2021Question 9 - Week 3 Homework X + X C D ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/... . . . Week 3 Homework i Saved Help Save & Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 9 Time tickets Nos. 31 to 36 for equipment repairs, $20,000. Record direct labor from the time tickets on the job cost sheets. 10 d. Paid cash for the following items during the month: factory payroll, $162,000, and miscellaneous overhead items, $102,000. Use the points time tickets to record the total direct and indirect labor costs. e. Finished Job 102 and transferred it to the warehouse. The company assigns overhead to each job with a predetermined overhead rate equal to 80% of direct labor cost. Enter the allocated overhead on the cost sheet for Job 102, fill in the cost summary section of the cost sheets. f. Delivered Job 102 and accepted the customer's promise to pay $430,000 within 30 days. g. Applied overhead cost to Job 103 based on the job's direct labor to date. Required: Complete the materials ledger cards for Material M, Material R, and paint using the information given in part a and b. Complete the job cost sheets for Jobs 102 and 103 using the information given in part a, b, c and e. Prepare journal entries for part a through g. Mc Graw Hill Type here to search O 4:13 PM 3 86.F Mostly sunny 7/22/2021Question 9 - Week 3 Homework X + X C D ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/... . . . Week 3 Homework i Saved Help Save & Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 9 Complete the job cost sheets for Jobs 102 and 103 using the information given in part a, b, c and e. JOB COST SHEET Customer's Worldwide Name Company Job No. 102 10 Direct Materials Direct Labor Overhead Costs Applied points Requisition Time Ticket Number Amount Number Amount Rate % Amount #35 O X #1-10 89,000 80% 71,200 #36 72 X #11-30 X 53,000 x 80% X 42,400 Total 72 Total 142,000 113,600 Summary of Costs Direct Materials Direct Labor Overhead Total cost of Job 0 Mc Graw Hill 4:14 PM Type here to search O 3 O 86.F Mostly sunny ~ ( 4.) 7/22/2021Question 9 - Week 3 Homework X + X C D ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/... . . . Week 3 Homework i Saved Help Save & Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 9 Customer's Name Reuben Company Job No. 103 Direct Materials Direct Labor Overhead Costs Applied Requisition Time Ticket 10 Number Amount Number Amount Rate % Amount points Total 0 Total 0 0 Summary of Costs Total cost of Job 0 Mc Graw Hill Type here to search O O 86.F Mostly sunny ~ ( 4) 4:14 PM 13 7/22/2021X Question 9 - Week 3 Homework X + C D ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/... . . . Week 3 Homework i Saved Help Save & Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 9 Complete the materials ledger cards for Material M, Material R, and paint using the information given in part a and b. MATERIALS LEDGER CARD Item Material M 10 Received Issued Balance points Receiving Unit Total Units Unit Total Units Requisition Units Unit Total Date Report Price Price Price Price Price Price May 0 1 #426 V 290 290 84, 100 3 X 290 870 #35 162 290 46,980 2 X 290 580 #37 84 290 24,360 1 x 290 290 Item Material R Received Issued Balance Receiving Unit Total Unit Total Unit Total Date Units Requisition Units Units Report Price Price Price Price Price Price May 0 1 Mc Graw Hill 4:15 PM Type here to search O 3 O 86.F Mostly sunny ~ ( 4) 7/22/2021X Question 9 - Week 3 Homework X + C D ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/... . . . Week 3 Homework i Saved Help Save & Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 9 Item Material R Received Issued Balance Receiving Unit Total Unit Total Total Date Units Requisition Units Price Price Units Unit Report Price Price Price Price 10 May 0 points 1 #427 145 270 39, 150 0 #36 72 270 19,440 1 X 270 270 #38 114 270 30,780 2 X 270 540 Item Paint Received Issued Balance Receiving Units Unit Total Unit Total Unit Total Date Requisition Units Units Report Price Price Price Price Price Price May 0 1 #39 V 27 85 2,295 1 X 85 85 Mc Graw Hill 4:15 PM Type here to search O 3 86.F Mostly sunny 7/22/2021