Check 11 10 points Skipped Exercise 15-6 Recording events in job order costing LO P1, P2, P3, P4 Prepare summary Journal entries to record the following transactions for a company in its first month of operations. a. Raw materials purchased on account, $118,000 b. Direct materials used in production, $46,500. Indirect materials used in production, $20,000 c. Pald cash for factory payroll, $60,000 of this total, $43,000 is for direct labor and $17.000 is for indirect labor d. Paid cash for other actual overhead costs $9,375 e. Applied overhead at the rate of 125% of direct labor cost. 1. Transferred cost of jobs completed to finished goods, 591,000. gt. Jobs that had a cost of $91000 were sold. 02. Sold jobs on account for $130,000 BO View transactions Journal entry worksheet 3 4 5 6 7 9 Record raw materials purchased on account Note: Enter debts before credits Transaction General Journal Debit Credit Chech 11 91. Jobs that had a cost of $91,000 were sold. 92. Sold jobs on account for $130,000 10 View transaction list Skiced Journal entry worksheet Record the entry for indirect materials Hit Note: Enter debitore credits General Journal Debit Crede Transaction (2) References Record entry Clear entry View general Journal Ch 15 Homework Seved Help Save 11 91. Jobs that had a cost of $91,000 were sold. 92. Sold jobs on account for $130,000. 10 points View transaction lit Skipped Journal entry worksheet 3 5 6 7 8 9 Book Record the usage of direct and indirect labor, paid in cash Hint Note: Enter debits before credits Transaction Print General Journal Debit Credit References Record entry Clear entry View general journal 11 91. Jobs that had a cost of $91,000 were sold. 92. Sold jobs on account for $130,000. View transaction list 10 points Skipped Journal entry worksheet 6 6 7 8 9 > Book Record other actual overhead costs, paid in cash. 0 Hint Note: Enter debits before credits Transaction Print General Journal Debat Credit References Record entry Clear entry View general Journal 11 91. Jobs that had a cost of $91,000 were sold 92. Sold jobs on account for $130,000. View transaction list 10 points Skpoed Journal entry worksheet 5 7 B 9 Book Record the entry to apply overhead at a rate of 125% of direct labor cost Notenter debits before credi Transaction General Journal Debit Credit References Record entry Clear entry View general Journal 11 g1. Jobs that had a cost of $91,000 were sold. 92. Sold jobs on account for $130,000 View transaction list 10 points Skipeed Journal entry worksheet 3 4 5 6 8 9 > eBook Record costs of jobs completed Nota: Enter debits before credits Transaction General Journal Debit Print Credit References Record entry Clew entry View general Journal Ch 13 Homework 11 91. Jobs that had a cost of $91,000 were sold. 92. Sold jobs on account for $130,000. View transaction list 10 points Skloped Journal entry worksheet 5 7 9 > Book Record the cost of the jobs sold. Note: Enter debits before credits General Journal Debit Credit Transaction (1) References Record entry Clear entry View general journal Ch 15 Homework Saved Help Save 11 91. Jobs that had a cost of $91000 were sold g2. Sold jobs on account for $130,000 View transaction list 10 points Sipood Journal entry worksheet 5 6 7 8 DO eBook Record sales on account. Hint Note: Inter debits before credits General Journal Debit Credit Print Transaction 0:2) References Record entry Clear entry View general journal
