Cost Accounting Prof. Kendrick AC-214 W2018 Test #2 V5 Take Home Name The following costs were incurred in April 2013 by Omar Office Furniture Corp, which 5 prodhaces customized ofice furniture 8 Direct material purchased on account 95,000 9 Direct material used for jobs Job #270 Job #280 Other jobs 10 $50,000 $ 13,000 $60,000 12 13 14 Direct labor costs for the month: 15 16 17 18 19 Actual overhead costs for February S 123,000 Job #270 Job #280 Other jobs S 15,000 S 20,000 S 25,000 S 60,000 S 340,000 21 Additional Information: 22 The balance in WIP on April 1st was 23 S 25,000 made up of Job #270 Job #280 S 17000 S 8,000 25 26 The April beginning balance in Direct Material Inventory 27 Actual overbead is applied to jobs at a rate of s 65,000 S 6.00 per DL cost $ Job #270 was completed and transferred FG Inventory dring Apri 30 Job #270 was delivered to the customer at the agreed-upon price of cost plas 30% Required: Enter your auswers in the section below 32 Prepare journal entries to record the preceding information 33 (a) 4 "Extra Credit 35 36 Determine the April WIP inventory ending balance Owar Office Furaiture Corp. General Journal Q1 VS W2018 Take Home 02 vs 5 W2018 Take Home Q3 VS W2018 Take Home Q4VS W2018 Take Home O Type here to search