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Avid Corporation manufactures a sophisticated controller that is compatible with a variety of gaming consoles. (Click the icon to view manufacturing and rework information) In

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Avid Corporation manufactures a sophisticated controller that is compatible with a variety of gaming consoles. (Click the icon to view manufacturing and rework information) In August 2017, Avid manufactured 1,000 controllers, 80 of which required rework. Of these 80 controllers, 50 were considered normal rework common to all jobs and the other 30 were considered abnormal rework Read the requirements Requirement a. Prepare journal entries to record the accounting for both the normal and abnormal rework. (Record debits first, then credits. Exclude explanations from any journal entries) Begin by preparing the journal entry for the normal reworked units. Journal Entry Accounts Debit Credit Next, prepare the journal entry to record the abnormal rework Journal Entry Accounts Debit Credit Requirement b. What were the total rework costs of controllers in August 20177 First, select the labels, then enter the amounts to determine the total rework costs of controllers in August 2017, (If a box is not used in the table, leave that box empty; do not select a label or enter a zero.) Total rework costs Requirement c. Suppose instead that the normal rework is attributable entirely to Job #9, for 200 controllers intended for Australia. In this case, what are the total and unit costs of the good units produced for that job in August 2017? Prepare journal entries for the manufacture of the 200 controllers, as well as the normal zonirn Prepar jourmal enl e rework costs. Begin by determining the total costs of Job #9 Direct materials cost Direct labor cost Manufacturing overhead Total cost of Job #9 Now that we have calculated the total cost of Job #9, we can calculate the unit cost of the goods produced for Job #9. (Round your answer to the nearest cent.) (Total cost of Job #9+ Normal rework costs ), Total units for Job #9 Cost per unit Begin with journalizing the manufacturing costs for Job #9. Journal Entry Accounts Debit Credit Next, journalize the normal rework for the 50 controllers attributable to Job a9 Journal Entry Accounts Debit Credit More Info Excluding rework costs, the cost of manufacturing one controller is $220. This consists of $120 in direct materials, $24 in direct manufacturing labor, and $76 in manufacturing overhead. Maintaining a reputation for quality is critical to Avid. Any defective units identified at the inspection point are sent back for rework. It costs Avid $72 to rework each defective controller, including $24 in direct materials, $18 in direct manufacturing labor, and $30 in manufacturing overhead. Print Done

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