Answered step by step
Verified Expert Solution
Question
1 Approved Answer
a. rurcnasea raw materiais on creait, $/_/_U,U uu U. b. Materials requisitions record use of the following materials for the month. Job 136 $48,000 Job
a. rurcnasea raw materiais on creait, $/_/_U,U uu U. b. Materials requisitions record use of the following materials for the month. Job 136 $48,000 Job 137 32,000 Job 138 19,400 Job 139 22,600 Job 140 6,800 Total direct materials 128,800 Indirect materials 20,500 Total materials requisitions $149,300 c. Time tickets record use of the following labor for the month. These wages were paid in cash. Job 136 $12,300 Job 137 10,600 Job 138 37,900 Job 139 39,400 Job 140 3,800 Total direct labor 104,000 Indirect labor 26,500 Total labor cost $130,500 d. Applied overhead to Jobs 136, 138, and 139. e. Transferred Jobs 136,138 , and 139 to Finished Goods Inventory. f. Sold Jobs 136 and 138 on credit at
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started