chapter 15 question 11 excersize 15-9

chapter 15

question 11 3 part question excersize 15-9

Check my work 11 Part 3 of 4 Required information Use the following information to answer questions (The following information applies to the questions displayed below.] -25 oints Skipped eBook The following information is available for Lock-Tite Company, which produces special-order security products and uses a job order costing system. 003 Hint April 30 May 31 Print $ $32,000 9,800 54,000 42,000 19,300 34,800 References Inventories Raw materials Work in process Finished goods Activities and information for May Raw materials purchases (paid with cash) Factory payroll (paid with cash) Factory overhead Indirect materials Indirect labor Other overhead costs Sales (received in cash) Predetermined overhead rate based on direct labor cost 195,000 150,000 14,000 34,500 92,000 1,900,000 55% Exercise 15-9 Journal entries for labor LO P2 1. Direct labor usage. 2. Indirect labor usage. 3. Total payroll paid in cash. Prepare journal entries for the above transactions fo the month of May. View transaction list Journal entry worksheet A B > Record the entry for direct labor usage. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal Check my wor 11 Part 3 of 4 Required information Use the following information to answer questions [The following information applies to the questions displayed below.] 1.25 points Skipped eBook The following information is available for Lock-Tite Company, which produces special-order security products and uses a job order costing system. Hint April 30 May 31 Print $ $32,000 9,800 54,000 42,000 19,300 34,800 References Inventories Raw materials Work in process Finished goods Activities and information for May Raw materials purchases (paid with cash) Factory payroll (paid with cash) Factory overhead Indirect materials Indirect labor Other overhead costs Sales (received in cash) Predetermined overhead rate based on direct labor cost 195,000 150,000 14,000 34,500 92,000 1,900,000 55% Exercise 15-9 Journal entries for labor LO P2 1. Direct labor usage. 2. Indirect labor usage. 3. Total payroll paid in cash. Prepare journal entries for the above transactions fo the month of May. View transaction list Journal entry worksheet Record the entry for indirect labor usage. Note: Enter debits before credits. Transaction General Journal Debit Credit 2 Record entry Clear entry View general journal 11 Part 3 of 4 Required information Use the following information to answer questions [The following information applies to the questions displayed below.] 1.25 points Skipped eBook The following information is available for Lock-Tite Company, which produces special-order security products and uses a job order costing system. co Hint April 30 May 31 Print $ $32,000 9,800 54,000 42,000 19,300 34,800 References Inventories Raw materials Work in process Finished goods Activities and information for May Raw materials purchases (paid with cash) Factory payroll (paid with cash) Factory overhead Indirect materials Indirect labor Other overhead costs Sales (received in cash) Predetermined overhead rate based on direct labor cost 195,000 150,000 14,000 34,500 92,000 1,900,000 55% Exercise 15-9 Journal entries for labor LO P2 1. Direct labor usage. 2. Indirect labor usage. 3. Total payroll paid in cash. Prepare journal entries for the above transactions for the month of May. View transaction list Journal entry worksheet B Record the entry for the cash payment of total factory payroll. Note: Enter debits before credits. Transaction General Journal Debit Credit 3 Record entry Clear entry View general journal Check my work 11 Part 3 of 4 Required information Use the following information to answer questions [The following information applies to the questions displayed below.) 1.25 points Skipped eBook The following information is available for Lock-Tite Company, which produces special-order security products and uses a job order costing system. COD Hint April 30 May 31 Print $ $32,000 9,800 54,000 42,000 19,300 34,800 References Inventories Raw materials Work in process Finished goods Activities and information for May Raw materials purchases (paid with cash) Factory payroll (paid with cash) Factory overhead Indirect materials Indirect labor Other overhead costs Sales (received in cash) Predetermined overhead rate based on direct labor cost 195,000 150,000 14,000 34,500 92,000 1,900,000 55% Exercise 15-9 Journal entries for labor LO P2 1. Direct labor usage. 2. Indirect labor usage. 3. Total payroll paid in cash. Prepare journal entries for the above transactions for the month of May. View transaction list Journal entry worksheet