Can you please fill in the blue squares to make up a goods inventory and cost of golds sold report?
MC 2020 SUMMR1-ACC212 175 X CH 19 EOC Quiz X New Tab X + X -> C A newconnect.mheducation.com/flow/connect.html Canvas M Gmail C Chegg a Amazon W writer cafe WD Publish tk JAPANESE TNT Cosplay Supply RioClasses ASU ASU Transfere Pearson Sign In Cengage CH 19 EOC Quiz i Saved Help Save & Exit Submit 4 Required information [The following information applies to the questions displayed below.] Part 4 of 4 Widmer Watercraft's predetermined overhead rate is 200% of direct labor. Information on the company's production activities during May follows. a. Purchased raw materials on credit, $200,000. b. Materials requisitions record use of the following materials for the month. Job 136 $ 48, 090 Job 137 32, 500 Job 138 20, 200 Job 139 22, 400 Job 140 6, 600 Total direct materials 129, 700 Indirect materials 21, 500 Total materials used $151, 200 c. Paid $15,250 cash to a computer consultant to reprogram factory equipment. d. Time tickets record use of the following labor for the month. These wages were paid in cash. Mc Graw EducationMC 2020 SUMMR1-ACC212 175 X CH 19 EOC Quiz X New Tab X + X -> C A newconnect.mheducation.com/flow/connect.html . .. Canvas M Gmail C Chegg a, Amazon W writer cafe AND Publish tk JAPANESE TNT Cosplay Supply RioClasses AS ASU Transfere Pearson Sign In Cengage CH 19 EOC Quiz i Saved Help Save & Exit Submit 4 Job 136 $ 12, 100 Job 137 10, 800 Job 138 37,900 Job 139 39, 200 Job 140 3, 200 Total direct labor 103, 200 Part 4 of 4 Indirect labor 27, 000 Total $130, 200 e. Applied overhead to Jobs 136, 138, and 139. f. Transferred Jobs 136, 138, and 139 to Finished Goods. g. Sold Jobs 136 and 138 on credit at a total price of $530,000. h. The company incurred the following overhead costs during the month (credit Prepaid Insurance for expired factory insurance). Depreciation of factory building $69, 500 Depreciation of factory equipment 38, 090 Expired factory insurance 12, 000 Accrued property taxes payable 35, 500 i. Applied overhead at month-end to the Work in Process Inventory account (Jobs 137 and 140) using the predetermined overhead rate of 200% of direct labor cost. Mc Graw EducationMC 2020 SUMMR1-ACC212 175 X CH 19 EOC Quiz X New Tab X + X -> C A newconnect.mheducation.com/flow/connect.html . .. ( Canvas M Gmail C Chegg a, Amazon W writer cafe AND Publish tk JAPANESE TNT Cosplay Supply RioClasses ASU ASU Transfere Pearson Sign In Cengage CH 19 EOC Quiz i Saved Help Save & Exit Submit 4 4. Prepare a report showing the total cost of each job in process and prove that the sum of their costs equals the Work in Process Inventory account balance. Prepare similar reports for Finished Goods Inventory and Cost of Goods Sold. Report of Job Costs Part 4 of 4 Work in Process Inventory Balance Finished Goods Inventory Balance Cost of Goods Sold Balance Mc Graw Hill Education
