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D Question 3 4 pts The Honda Motor Shop produces engine parts. Typically, 100 pieces out of a job lot of 2.000 parts are spoiled.
D Question 3 4 pts The Honda Motor Shop produces engine parts. Typically, 100 pieces out of a job lot of 2.000 parts are spoiled. Costs are assigned at the inspection point. $75.00 per unit. Spoiked pieces may be disposed at $15.00 per unit. Job 101 requires the production of 4,500 good parts and incured spolage of 300 units. Which of the following journal entries would be correct if the spollace occurred due to specifications required for Job 1017 DR Accounts receivable 4,500 CR Work In Process - Joh 1013,375 CR Loss 1.175 DR Loss from normal spoilage 22.500 CR Work in Process - Job 101 22,500 O DR Overhead control 13,500 CR Work-in-Process - Job 101 13.500 DR Work in Process Job 101 22.500 CR Work-in-Process Control 22.500
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