Bram Company uses normal costing in its job-costing system. The company produces custom bikes for toddlers. The beginning balances (December 1) and ending balances (as of December 30) in their inventory accounts are as follows: .: (Click the icon to view the data.) (Click the icon to view the additional information.) Read the requirements. Materials Control 1,500 Work-in-Process Control 6,100 12/1 Bal Purchases Materials req. COGM 12/1 Bal. Materials req. Direct labor MOH allocated 12/30 Bal. Direct labor MOH allocated 12/31 Bal 12/31 Bal. 12/31 Bal. 12/30 Bal. Finished Goods Control 3,800 COGS 12/1 Bal. COGM 12/31 Bal. C Choose from any list or enter any number in the innut fields and then click Check Answer follows: .: (Click the icon to view the data.) (Click the icon to view the additional information.) Read the requirements. Direct labor MOH allocated Purchases COGM Materials req. 12/31 Bal. 12/31 Bal 12/30 Bal. 12/30 Bal. Direct labor MOH allocated 12/31 Bal Finished Goods Control 3,800 COGS 12/1 Bal. COGM 12/31 Bal. 12/31 Bal. 12/31 Bal. Choose from any list or enter any number in the input fields and then click Check Answer. 3 parts S remaining Clear All ob-costing system. The company produces custom bikes for toddlers. The beginning balances (December 1) and ending balances (as of December 30) in the (Click the icon to view the additional information.) i Data Table - X Ending Balance 12/30 Beginning Balance 1211 1,500 6.100 7,900 Materials Control Work-in-Process Control Manufacturing Department Overhead Control Finished Goods Control 8,400 97,500 18,800 3,800 Print Print [Done Done r in the input fields and then click Check Answer. Clear All nits job-costing system. The company produces custom bikes for toddlers. The beginning balances (December 1) and ending balances (as of December 30) i (Click the il A Requirements rials req. Bal. ntrol 1. Prepare journal entries for the December 31 payroll. 2. Use T-accounts to compute the following: a. The total amount of materials requisitioned into work in process during December b. The total amount of direct manufacturing labor recorded in work in process during December (Hint: You have to solve requirements 2b and 2c simultaneously) c. The total amount of manufacturing overhead recorded in work in process during December d. Ending balance in work in process, December 31 e. Cost of goods sold for December before adjustments for under-or overallocated manufacturing overhead 3. Prepare closing journal entries related to manufacturing overhead. Assume that all under-or overallocated manufacturing overhead is closed directly to Cost of Goods Sold. Bal. Print Done amber in the inpul i More Info HONHOS Additional information follows: a. Direct materials purchased during December were $65,700. b. Cost of goods manufactured for December was $228,000. c. No direct materials were returned to suppliers. No units were started or completed on December 31 and no direct materials were requisitioned on December 31. The manufacturing labor costs for the December 31 working day: direct manufacturing labor. $4.000, and indirect manufacturina labor. $1.100. Manufacturing overhead has been allocated at 150% of direct manufacturing labor costs through December 31. Print Done Bram Company uses normal costing in its job-costing system. The company produces custom bikes for toddlers. The beginning balances (December 1) and ending balances (as of December 30) in their inventory accounts are as follows: .: (Click the icon to view the data.) (Click the icon to view the additional information.) Read the requirements. Materials Control 1,500 Work-in-Process Control 6,100 12/1 Bal Purchases Materials req. COGM 12/1 Bal. Materials req. Direct labor MOH allocated 12/30 Bal. Direct labor MOH allocated 12/31 Bal 12/31 Bal. 12/31 Bal. 12/30 Bal. Finished Goods Control 3,800 COGS 12/1 Bal. COGM 12/31 Bal. C Choose from any list or enter any number in the innut fields and then click Check Answer follows: .: (Click the icon to view the data.) (Click the icon to view the additional information.) Read the requirements. Direct labor MOH allocated Purchases COGM Materials req. 12/31 Bal. 12/31 Bal 12/30 Bal. 12/30 Bal. Direct labor MOH allocated 12/31 Bal Finished Goods Control 3,800 COGS 12/1 Bal. COGM 12/31 Bal. 12/31 Bal. 12/31 Bal. Choose from any list or enter any number in the input fields and then click Check Answer. 3 parts S remaining Clear All ob-costing system. The company produces custom bikes for toddlers. The beginning balances (December 1) and ending balances (as of December 30) in the (Click the icon to view the additional information.) i Data Table - X Ending Balance 12/30 Beginning Balance 1211 1,500 6.100 7,900 Materials Control Work-in-Process Control Manufacturing Department Overhead Control Finished Goods Control 8,400 97,500 18,800 3,800 Print Print [Done Done r in the input fields and then click Check Answer. Clear All nits job-costing system. The company produces custom bikes for toddlers. The beginning balances (December 1) and ending balances (as of December 30) i (Click the il A Requirements rials req. Bal. ntrol 1. Prepare journal entries for the December 31 payroll. 2. Use T-accounts to compute the following: a. The total amount of materials requisitioned into work in process during December b. The total amount of direct manufacturing labor recorded in work in process during December (Hint: You have to solve requirements 2b and 2c simultaneously) c. The total amount of manufacturing overhead recorded in work in process during December d. Ending balance in work in process, December 31 e. Cost of goods sold for December before adjustments for under-or overallocated manufacturing overhead 3. Prepare closing journal entries related to manufacturing overhead. Assume that all under-or overallocated manufacturing overhead is closed directly to Cost of Goods Sold. Bal. Print Done amber in the inpul i More Info HONHOS Additional information follows: a. Direct materials purchased during December were $65,700. b. Cost of goods manufactured for December was $228,000. c. No direct materials were returned to suppliers. No units were started or completed on December 31 and no direct materials were requisitioned on December 31. The manufacturing labor costs for the December 31 working day: direct manufacturing labor. $4.000, and indirect manufacturina labor. $1.100. Manufacturing overhead has been allocated at 150% of direct manufacturing labor costs through December 31. Print Done