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Coronado Company uses a job order cost system and applies overhead to production on the basis of Grect labor costs Only 2020. Job 50 was

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Coronado Company uses a job order cost system and applies overhead to production on the basis of Grect labor costs Only 2020. Job 50 was the only job in process. The costs incurred prior to January 1 on this job were as follow direct materials $21.400 direct labor 512.840, and manufacturing overhead $17.1.20. As of January 1, Job 4 had been completed at a cost of 596.300 and wat part of finished goods inventory. There was a $16.050 balance in the Raw Materials Inventory account During the month of January. Coronado Company began production on Jobs 51 and 52, and completed oss and 51.20 49 and 50 were sold during the month. The following additional events occurred during the month 1 2 3 Purchased additional raw materials of $96.300 on account Incurred factory labor costs of $74.900 Incurred manufacturing overhead costs as follows:indirect materials $18.190; indirect labor $21.400 depreciation expense on equipment $12.840, and various other manufacturing overhead costs on account $17,120 Assigned direct materials and direct labor to jobs as follows 4 Job No. Direct Labor Direct Materials $10,700 50 $5.350 51 41.730 26.750 52 32.100 21.400 Enter negative amountrust either a negative so preceding the number or parentheses Manufacturing Costs Raw Materials inventory Factory Labor Manufacturing Overhead Purchase raw materials Incurred factory labor Factory depreciation Other Overhead costs Indirect materials Indirect labor Id Direct materials Direct labor Assigned overhead tel Jobs completed 3 Jobs sold Coronado Company uses a job order cost system and applies overhead to production on the basis of Grect labor costs Only 2020. Job 50 was the only job in process. The costs incurred prior to January 1 on this job were as follow direct materials $21.400 direct labor 512.840, and manufacturing overhead $17.1.20. As of January 1, Job 4 had been completed at a cost of 596.300 and wat part of finished goods inventory. There was a $16.050 balance in the Raw Materials Inventory account During the month of January. Coronado Company began production on Jobs 51 and 52, and completed oss and 51.20 49 and 50 were sold during the month. The following additional events occurred during the month 1 2 3 Purchased additional raw materials of $96.300 on account Incurred factory labor costs of $74.900 Incurred manufacturing overhead costs as follows:indirect materials $18.190; indirect labor $21.400 depreciation expense on equipment $12.840, and various other manufacturing overhead costs on account $17,120 Assigned direct materials and direct labor to jobs as follows 4 Job No. Direct Labor Direct Materials $10,700 50 $5.350 51 41.730 26.750 52 32.100 21.400 Enter negative amountrust either a negative so preceding the number or parentheses Manufacturing Costs Raw Materials inventory Factory Labor Manufacturing Overhead Purchase raw materials Incurred factory labor Factory depreciation Other Overhead costs Indirect materials Indirect labor Id Direct materials Direct labor Assigned overhead tel Jobs completed 3 Jobs sold

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