Comeborder control overhead to production on the basis of directors on January 1, 2020, was the only job in process. The costs incurred prior to uaryo jwere rechter 522.000 director 11.200 and ching overhead $17.00 As of ryb had been completed of 98.000 and was partes invertory. There is a $14.500 balance in the Raw Materary account in the monary Vaughn Company production on os 51 52 and completed Jobs 50 and 51301 49 and were sold on account during the month for 134.300 and 5173.800, respectively. The towing converted during the more Pated in materials of .000 on curred actory aborco77.000. Or this mount 17.00 to employer payrolles curred during overhead costs as follows Wrecer $18.700, indirector 522.000 depreciation person met 11.200, and other manufacturing overhead cons on HON 517.800 Agneters and direct laboriosastonews b Direct Material Direct Labor 33.000 22.000 I Cherried overhead rate for 2020. Comentado 24000rector costs of 70.000 hours of 22.000 for the Predetermined overhead Na chies and Explanation Crot Life the readed DO 11 A Fu Prepare the journal entries to record the purchase of raw materials, the factory labor costs incurred and the manufacturing Overhead costs incurred during the month of any No. Account Titles and Explanation Debit Credit 12) 33 textbook and Media List of Accounts Prepare the journal entries to record the assignment of 11 direct materials, director and mantring overhead cars to production in ing manufacturing overhead costs, use the Doneiden my No Account Titles and Explanation Debit Credit 2) 033 Textbook and Media List of Accounts Open cost for 0.552 Enter the best she was to the contenery Date Director Costcode 5 Director Director go $ 4 % 5 2 3 6 & 7 8 W E R T Y Openjob cost sheets for Jobs 50, 51, and 52. Enter the January 1 balances on the job cost sheet for Job 50. Post all costs to the job cost sheets as necessary . Job No. 50 Date Direct Materials Direct Labor Manufacturing Overhead Beg $ Jan $ $ $ $ $ Cost of completed job Direct materials Direct labor Manufacturing overhead Total cost $ Job No. 51 Date Jan Direct Materials Direct Labor Manufacturing Overhead $ $ $ $ $ $ $ Cost of completed job Direct materials Direct labor Manufacturing overhead Total cost $ Job No. 52 Date Jan. 5 Direct Materials Direct Labor Manufacturing Overhead e Textbook and Media List of Accounts Prepare the journal entry to record the completion of any jobs) during the month (Credit counter tomatically indeed when mounts entered. Do not inden manual Account Tules and Explanation Debit Credit Testhook and Media List of Accounts Prepare the journal entries to record the sale of jobs during the month (Credit cards are metallided when amount of No. Account Titles and Explanation Debi Credit e Textbook and Media List of Accounts Prepare the journal entry to record the completion of any jobs during the month (Credit account titles are automatically indented when amount intered Donetindent manual Account Titles and Explanation Debit Credit eTextbook and Media I List of Accounts Prepare the journal entries to record the sale of any jobs during the month (Creditaccount is one automatically indented when amount inter No. Account Titles and Explanation Debit Credit (1) (to record sale of jobs) (2) (To record cost of you) Textbook and Media Lht of Accounts What is the balance in the Finished Goods inventory account at the end of the moon What does bance cost of Fished Goods entory S Textbook and Media Lht of Arts What is the amount of over de overhead Mads 20 # 3 2 $ 4 % 5 6. Vg Company uses a job order cost system and colles overhead to production on the basis of direct labor costs. On wy 1.2020. Job so was the only job in process. The costs incurred prior to January on these were as follows direct watertas $22.000 dret bor $11.200 manufacturing overhead $17.00 As of January 1, Job 4 had been completed at a cost of $1.000 and was part of frihed goodi Inventory. There was a $1.500 Balance in the Raw Matera Investory mount During the month of January, Vaughn Company began production on Jobs 51 and 52, and completed Jobs 50 and 51.5 47 and 50 were to work on account during the month for $134200 and 5173.800 respectively. The flowing additional events occurred during the month 1. Purchased akiona raw materials of .000 on 2 incurred factory labor costs of 377.000 mount $17.00 related to employer paroles 3. Incurred manufacturing overhead costs as follows: Indirect material $18.700, indirect labor $22.000 tonn 11.200 and various other maturing overheads. 17.00 4 Aged direct materials and director to flow Job Ne Direct Mater Direct 50 311.000 55.500 51 27.500 31000 22.000 I Ce predetermined for 2020, Comestore24000 of 1770.000 and director 12.000 Preberete N Textbook and Media Life Prepare the sales se record purchase of raw materials the factory or concurred, and the acturing overhead concurred during the month of January detaily died wheat ord Donde No Account Titles and Explanation Credit Base Ust of AS
