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Bergo Bay's accounting system generated the following account balances on December 3 1 . The company's manager knows something is wrong with this list of
Bergo Bay's accounting system generated the following account balances on December The company's manager
knows something is wrong with this list of balances because it does not show any balance for Work in Process Inventory,
and the accrued factory payroll Factory Wages Payable has not been recorded.
These six documents must be processed to bring the accounting records up to date.
Jobs and are the only jobs in process at yearend. The predetermined overhead rate is of direct labor cost.
a Direct materials.
b Direct labor.
c Overhead applied.
d Indirect materials.
e Indirect labor.
Required:
Use the document information above to prepare journal entries for the above costs.
Record direct materials used for Jobs and
Record direct labor costs for Jobs and
Record the entry to apply overhead to Jobs and
Record the indirect materials used.
Record the indirect labor.
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