Christopher's Custom Cabinet Company uses a job order cost system with overhead applied as a percentage of direct labor cos. Inventory balcon beginning of 2016 blow. Raw Materials inventory Work in Procesory Finished Goods inventory $20,000 15.00 22.000 The following actions coured during January (a) Purchased materials on account for $26.000 sed maasto production totaling 540.000.00 percent of which was traced to specific jobs and the remainder of which was routed as indirect w 19 Payroll cost totaling $69.700 were recorded as follows: $18.000 of my workers 5.200 for factory super 31.000 for administrative personne 15.500 for cons Recorded depreciation $3.500 for machines $2.400 for the cople Recorded Scoo of expired insurance Forty percent wsingurance on the city with them as an advexperte Pod 7.00 in other factory out in cash Appled manufacturing overed at a rate of 300 percent of recabor cost conched 1964 toner en crows $10.000 director. 51.000 for director and 50.000 for oned when Solos costing $70.000. The weared on the 25,000 Required 1. Setto Taccounts, recorda Dering and post the January actions, and compue vefn balance for the following account. Postal amounts separately. Do nor combinadd any amounts when posting the accounts a Raw Materiais verter b. Work in Process Inventory c. Finished Goods a. Cast of Goods Sold e. Selling and Administrative Expenses 1. Sales Revenue Other accounts (Cash Paya) Christopher's Custom Cabinet Company uses a job order cost system with overhead applied as a percentage of direct labor cos. Inventory balcon beginning of 2016 blow. Raw Materials inventory Work in Procesory Finished Goods inventory $20,000 15.00 22.000 The following actions coured during January (a) Purchased materials on account for $26.000 sed maasto production totaling 540.000.00 percent of which was traced to specific jobs and the remainder of which was routed as indirect w 19 Payroll cost totaling $69.700 were recorded as follows: $18.000 of my workers 5.200 for factory super 31.000 for administrative personne 15.500 for cons Recorded depreciation $3.500 for machines $2.400 for the cople Recorded Scoo of expired insurance Forty percent wsingurance on the city with them as an advexperte Pod 7.00 in other factory out in cash Appled manufacturing overed at a rate of 300 percent of recabor cost conched 1964 toner en crows $10.000 director. 51.000 for director and 50.000 for oned when Solos costing $70.000. The weared on the 25,000 Required 1. Setto Taccounts, recorda Dering and post the January actions, and compue vefn balance for the following account. Postal amounts separately. Do nor combinadd any amounts when posting the accounts a Raw Materiais verter b. Work in Process Inventory c. Finished Goods a. Cast of Goods Sold e. Selling and Administrative Expenses 1. Sales Revenue Other accounts (Cash Paya)
