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Ch 02 GL P2-2a 1 15 points eBook Ask Print 10 References GL0201 (Algo) - Based on Problem 2-2A LO P1, P2, P3, P4 Egert
Ch 02 GL P2-2a 1 15 points eBook Ask Print 10 References GL0201 (Algo) - Based on Problem 2-2A LO P1, P2, P3, P4 Egert Company shows the following costs for three jobs worked on in April. Balances on March 31 Direct materials (in March) Direct labor (in March) Applied overhead (March) Costs during April Direct materials Direct labor Applied overhead Status on April 30 Additional Information Job 306 Requirement $ 29,600 20,600 10,300 View transan 135,600 86,200 ? Finished (sald) General Journal General Ledger Prepare journal entries for the month of April's transactions. lab Job 307 $ 35,900 18,300 9,150 Saved 220,900 151,500 ? Finished (unsold) a. Raw Materials Inventory has a March 31 balance of $81,500. b. Raw materials purchases in April are $500,600, and total factory payroll cost in April is $366,300. c. Actual overhead costs incurred in April are indirect materials, $50,300; indirect labor, $23,300; factory rent, $32,300; factory utilities, $19,300; and factory equipment depreciation, $51,600. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $600,000 cash in April. Complete this question by entering your answers in the tabs below. Job 308 Trial Balance Job Costs $ 100,300 105,300 ? In process Cost of Goods Mfg Gross Profit Help Sa
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