Question
Assignment for job order costing and journal entries May 1 Purchased direct materials on account $12,940 3 Purchased indirect materials for cash 750 4 Requested
Assignment for job order costing and journal entries
May | |
1 | Purchased direct materials on account $12,940 |
3 | Purchased indirect materials for cash 750 |
4 | Requested direct materials costing $10,840 and indirect materials of $500 for production |
8 | Issued checks for overhead costs 2,100 |
15 | Recorded the following wages direct labor, 8,900, indirect labor 620, manufacturing supervision, 800 and sales commissions 980 |
15 | Applied overhead at a rate of 120 percent of direct labor |
18 | Issued checks for overhead costs 900 |
20 | Purchased direct materials on account of $14,950 and indirect materials of $1,400 |
21 | Requested direct materials costing $ 11,400 for production and $1,200 of indirect materials. |
23 | Recorded the following wages direct labor, 6,450, indirect labor 440, manufacturing supervison,520 and sales commissions 1,200 |
23 | Applied overhead at a rate of 120 percent of direct labor |
24 | Issued checks for overhead costs 1,250 |
25 | Completed jobs with a cost of $44,020 |
31 | Shipped Job to customer, cost was $24,520 and sale price was $36,800 |
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