Claspier 1 as Cosung Eysiema: Job onder costing and 20,4,3,250. and $9,260 of indirece materials, Q28, 2000 . 30 Applied owethead to production at a rate of 120 pereent of direct lalun cont. sales pre wise 4414,240 , facturing, equiginutnt; and 81,290 for propperey taxes, manufacturing, payalide at month end. QUIKED Recarbat the entrien for all Rhile's transuctions in Beptember using ' ' Mrenime for the following: Materials lnwentary, Work in Proxess Inventory, Jimistied Cienels Goventory, Overluead, Cash, Acerumes Receivable, Aceumulated Depreciation Manufacturing Vapuyment, Aecounts Payable, Payroll Payable, Properey' Taxes Pay abk, Sales, Cast of Gioodls Bold, and Bling, and Aulmimistrative Vixpenses. Jrepare jol order cost earda for Job A, Job 13 , and Jol, C. Determine the partial aecoum balaneen. Asame no beginning inventory balanues. Assume alao that when payroll was recerded, entries were made to the Payroll Payable acerbint. Canppute the amoum of underifplied of owerapplied cverlueat for seprember and AccoUnting connection Why showid the Oyerluead acenm's underapplied or owerapplied owerhead be transferred to the Cant of Cieruds ingld aceoum?? b Order Cost Flow 3. Tontham Industrice is a campany that makes special creder axum sysemo, The divef tancial officer has reconds for leclouary that reveal the follewing informatum: P7. Rhile Industries, Inc., produces colorful and stylish uniforms to order. During September 2014 , Rhile completed the following transactions: Sept. 1 Purchased direct materials on account, $59,400. 3 Requested direct materials costing $26,850 for production (all for Job A). 4 Purchased indirect materials for cash, $22,830. 8 Issued checks for the following overhead costs: utilities, $4,310; manufacturing insurance, $1,925; and repairs, $4,640. (Continued) 1. May not be copued, scanned, or duplicated. in whole or in part. Due to clectronic rights, sethe thitd party content may be suppressed froca the ebook and ot echapedr(s). es not materially affect the ovenall fearning experience. Cetgage Learning reserves the nath to renove additional eostcst at any time if sabsexuent rights restricrions reguire it. Chapter 18: Costing Systems: Job Order Costing ept, 10 Requested direct materials costing $29,510 (all used on Job A) and indirect materials costing $6,480 for production. 15 Recorded the following gross wages and salaries for employees: direct labor, $62,900 (all for Job A); indirect labor, \$31,610; manufacturing supervision, $26,900; and sales commissions, $32,980. 15 Applied overhead to production at a rate of 120 percent of direct labor cost. 22 Paid the following overhead costs: utilities, $4,270; maintenance, $3,380; and rent, $3,250. 23 Recorded the purchase on account and receipt of $31,940 of direct materials and $9,260 of indirect materials. 27 Requested $28,870 of direct materials (Job A, $2,660; Job B, $8,400; Job C,$17,810) and $7,640 of indirect materials for production. 30 Recorded the following gross wages and salaries for employees: direct labor, $64,220 (Job A, $44,000; Job B, $9,000; Job C, $11,220 ); indirect labor, $30,290; manufacturing supervision, $28,520; and sales commissions, $36,200. 30 Applied overhead to production at a rate of 120 percent of direct labor cost. 30 Completed and transferred Job A (58,840 units) and Job B (3,525 units) to finished goods inventory; total cost was $322,400. 30 Shipped Job A to the customer; total production cost was $294,200, and sales price was $418,240. 30 Recorded the following adjusting entries: $2,680 for depreciation-manufacturing equipment; and $1,230 for property taxes, manufacturing, payable at month end. EQUIRED 1. Record the entries for all Rhile's transactions in September using T accounts for the following: Materials Inventory, Work in Process Inventory, Finished Goods Inventory, Overhead, Cash, Accounts Receivable, Accumulated DepreciationManufacturing Equipment, Accounts Payable, Payroll Payable, Property Taxes Payable, Sales, Cost of Goods Sold, and Selling and Administrative Expenses. Prepare job order cost cards for Job A, Job B, and Job C. Determine the partial account balances. Assume no beginning inventory balances. Assume also that when payroll was recorded, entries were made to the Payroll Payable account. 2. Compute the amount of underapplied or overapplied overhead for September and transfer it to the Cost of Goods Sold account. 3. ACCOUNTING CONNECTION > Why should the Overhead account's underapplied Claspier 1 as Cosung Eysiema: Job onder costing and 20,4,3,250. and $9,260 of indirece materials, Q28, 2000 . 30 Applied owethead to production at a rate of 120 pereent of direct lalun cont. sales pre wise 4414,240 , facturing, equiginutnt; and 81,290 for propperey taxes, manufacturing, payalide at month end. QUIKED Recarbat the entrien for all Rhile's transuctions in Beptember using ' ' Mrenime for the following: Materials lnwentary, Work in Proxess Inventory, Jimistied Cienels Goventory, Overluead, Cash, Acerumes Receivable, Aceumulated Depreciation Manufacturing Vapuyment, Aecounts Payable, Payroll Payable, Properey' Taxes Pay abk, Sales, Cast of Gioodls Bold, and Bling, and Aulmimistrative Vixpenses. Jrepare jol order cost earda for Job A, Job 13 , and Jol, C. Determine the partial aecoum balaneen. Asame no beginning inventory balanues. Assume alao that when payroll was recerded, entries were made to the Payroll Payable acerbint. Canppute the amoum of underifplied of owerapplied cverlueat for seprember and AccoUnting connection Why showid the Oyerluead acenm's underapplied or owerapplied owerhead be transferred to the Cant of Cieruds ingld aceoum?? b Order Cost Flow 3. Tontham Industrice is a campany that makes special creder axum sysemo, The divef tancial officer has reconds for leclouary that reveal the follewing informatum: P7. Rhile Industries, Inc., produces colorful and stylish uniforms to order. During September 2014 , Rhile completed the following transactions: Sept. 1 Purchased direct materials on account, $59,400. 3 Requested direct materials costing $26,850 for production (all for Job A). 4 Purchased indirect materials for cash, $22,830. 8 Issued checks for the following overhead costs: utilities, $4,310; manufacturing insurance, $1,925; and repairs, $4,640. (Continued) 1. May not be copued, scanned, or duplicated. in whole or in part. Due to clectronic rights, sethe thitd party content may be suppressed froca the ebook and ot echapedr(s). es not materially affect the ovenall fearning experience. Cetgage Learning reserves the nath to renove additional eostcst at any time if sabsexuent rights restricrions reguire it. Chapter 18: Costing Systems: Job Order Costing ept, 10 Requested direct materials costing $29,510 (all used on Job A) and indirect materials costing $6,480 for production. 15 Recorded the following gross wages and salaries for employees: direct labor, $62,900 (all for Job A); indirect labor, \$31,610; manufacturing supervision, $26,900; and sales commissions, $32,980. 15 Applied overhead to production at a rate of 120 percent of direct labor cost. 22 Paid the following overhead costs: utilities, $4,270; maintenance, $3,380; and rent, $3,250. 23 Recorded the purchase on account and receipt of $31,940 of direct materials and $9,260 of indirect materials. 27 Requested $28,870 of direct materials (Job A, $2,660; Job B, $8,400; Job C,$17,810) and $7,640 of indirect materials for production. 30 Recorded the following gross wages and salaries for employees: direct labor, $64,220 (Job A, $44,000; Job B, $9,000; Job C, $11,220 ); indirect labor, $30,290; manufacturing supervision, $28,520; and sales commissions, $36,200. 30 Applied overhead to production at a rate of 120 percent of direct labor cost. 30 Completed and transferred Job A (58,840 units) and Job B (3,525 units) to finished goods inventory; total cost was $322,400. 30 Shipped Job A to the customer; total production cost was $294,200, and sales price was $418,240. 30 Recorded the following adjusting entries: $2,680 for depreciation-manufacturing equipment; and $1,230 for property taxes, manufacturing, payable at month end. EQUIRED 1. Record the entries for all Rhile's transactions in September using T accounts for the following: Materials Inventory, Work in Process Inventory, Finished Goods Inventory, Overhead, Cash, Accounts Receivable, Accumulated DepreciationManufacturing Equipment, Accounts Payable, Payroll Payable, Property Taxes Payable, Sales, Cost of Goods Sold, and Selling and Administrative Expenses. Prepare job order cost cards for Job A, Job B, and Job C. Determine the partial account balances. Assume no beginning inventory balances. Assume also that when payroll was recorded, entries were made to the Payroll Payable account. 2. Compute the amount of underapplied or overapplied overhead for September and transfer it to the Cost of Goods Sold account. 3. ACCOUNTING CONNECTION > Why should the Overhead account's underapplied