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Cool Machine Show more arts for vacation Foot Patrick Can, the plant manager of Cor Rotans the following information for Job 10 in August 2017.

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Cool Machine Show more arts for vacation Foot Patrick Can, the plant manager of Cor Rotans the following information for Job 10 in August 2017. A total of 25 units we are dedicated and rejected to section yaking 20 good units. The old units were considered to be normal sponge Costs assigned prior to the inspection point 11000 tume that Job of Cor e Machine Shop genes normal scrap with a total sales value of 5.350 is assumed that the scrap roburned to the storeroom is sold quickly) Pape the pumator the motion of crap, uning the following record debitstrat, then credin. Bide explanations from any jumalantes The most and is recognized at the time of Journal Entry Accounts Debit Credit The of some specific and is recogida theo Journal Entry Accounts Debit Credit c. The value of scrap is material, is common to all jobs, and is recognized at the time of sale. Journal Entry Accounts Debit Credit d. The value of scrap is material, and scrap is recognized as inventory at the time of production, and is recorded at its net realizable value. Prepare the journal entry to record the recognition of scrap Journal Entry Accounts Debit Credit Prepare ne jouma entry to record une recognicon or scrap. Journal Entry Accounts Debit Credit Now prepare the journal entry for the sale of the scrap. Journal Entry Accounts Debit Credit Crystal Clear Machine Shop is a manufacturer of motorized carts for vacation resorts. Patrick Culin, the plant manager of Crystal Clear obtains the following information for Job it in August 2017. A total of 33 unts were started, and 8 spoiled units were detected and rejected at final inspection, yielding 25 good units. The spoiled units were considered to be normal spolago. Costs assigned prior to the inspection point are $1,250 per unit. Assume that the spoed units of Crystal Char Machine Shop's Job #10 can be reworked for a total cost $2.200 A total cost of $10,000 associated with these units has already been assigned to Job 10 before the rework Read the recitements Propare the journal entries for the rowck, assuming the following: (Record debits first. then credits. Excdiodo explanation from anyjournal entries. Abbreviations used. PayPayabio "Mg - Manufacturing a. The work is related to a specific 06 Journal Entry Accounts Debit Credit b. The rework is common to al jobs. Journal Entry Accounts Debit Credit Next

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