Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Date Setia Berhad is a braceletsjere badquartered in the company mes job order conting system and applies that the cost to jobs on the basis

image text in transcribed
image text in transcribed
Date Setia Berhad is a braceletsjere badquartered in the company mes job order conting system and applies that the cost to jobs on the basis of dat Labout how (LH At the begang of mary, Setia Berhad had fined goods itory Brimce a the material to accoma RM30.000 of direct mama at the beginning of January 2019. Jobs ANA AYU SARA Sected in January The compuy estimates a total of 560 DLH to be redeed for Sufacturing red cost of 196.000 The following transactions were recorded during the Transactions ROM Ja man ng some chanel 3000 for web praction > Raw mis required for use in practice 275 20% of the materials de classifieds stal cost obat pel 30 elated to factory 20% related to sales office 25 Stery and med Duct labour (600 how 245.000 Indirect labour 60 000 Sell & states 23.000 36 med 63700 70 related to factory options 30 related to selling met Deprecated Sorry 00 56 related to factory 50 related to as office 30 Matering overnaderosos Asary of we do the follo Job Material Lor Requisition Slips Tidur KO BODO 10 bos AYU fa 20 hores SARA 30,000 37000 fut 130 hours FESIUM Job ANA and SARA was completed and told for R6400 ESO 800 petely at the mad of the mouth and Job AYU complete Required: Prepare journal entries to record the actions for Sumay 2009 Exclude journal entries for source document and the complet and sale of Jobs AYU and SARAJU (10 ml) b) Prepare a Cast of Goods Manufactured Schedule for many 2019 ma) Joumaise the adjusting eatymu the descreampiedictoringement, amming the balance is located steely to Cost of Good Sold d) Aug Setu Berhad some morbins for both disces for an wpcoming expe The batch orde is for 1.000 obce Daras the samebulity (applicability of the curent job enter conting systems conting the Setia Barlad is a braceletsjen eller headquartered in Kuala Lumpu The company wies jeb labour hom (DLH order costing systems and applies manuscturing overbead cost to yobt on the basis of direct At the beginning of a Setia Berhad had work procentyrfined good itory Balocem the materials into account for RM50.000 of direct matrials at the beginning of January 2019. Jobs ANA, AYUR SARA Cated in my The Company Contes a total of 560 DLH to be worked for the orders at a mulcturing overed cost of RM196.000 The following transactions were recorded during the mouth Date Transactions KSE Jan Twaan no desplaced 30000 for use in production Statens required for use in production 275.000 20% of the materials de classified aduecerias Het coucou bulding persona JUU 80% elated to factory operatiom 20% related to be office Salary and was cute Diect labow (600 hos) 245.000 Indirect labow 60 000 Selling & administrative salarin 23 000 20Ulayuncated 000 20% elated to factory operation 30% related to selline administrativ Deprecation needed for yek TU 50 related to factory 50% related to mais eficent 31 Machang omhad costs appard to jobs Ammary of some det rom the following dormation Job Material Gibour Time Requisition Slips Tickets FANA KM TWEST for 190 bow AYU 12.00 for 250 bours SARA 257000 for 130 hours GATUR 3500 BU1000 Jobs ANA and SARA was completed and sold for RM0364,400 med RM508,900 respectively at the end of the mouth and Job AYU complete Required: *) Prepare journal entries to record the transactions for Jamuary 2019 Exclude ournal entes for source documents and the completion and sale of Job: AYU and Store (10) b) Prepare a Cost of Good Manfactwed Schedule for January 2019 mas) Jounalise the adjustangeny to sign the under er overapplind manufacturing overhead arming the balance allocated tely to Cost of Goods Sold mal) Arming Sets Berhad received an order for a batch of limited edition bracelets for a upcoming expo The batchede is for 1000 latus of bracelets Discuss the stability (applicability) of the current job onder conting system in conting the Date Setia Berhad is a braceletsjere badquartered in the company mes job order conting system and applies that the cost to jobs on the basis of dat Labout how (LH At the begang of mary, Setia Berhad had fined goods itory Brimce a the material to accoma RM30.000 of direct mama at the beginning of January 2019. Jobs ANA AYU SARA Sected in January The compuy estimates a total of 560 DLH to be redeed for Sufacturing red cost of 196.000 The following transactions were recorded during the Transactions ROM Ja man ng some chanel 3000 for web praction > Raw mis required for use in practice 275 20% of the materials de classifieds stal cost obat pel 30 elated to factory 20% related to sales office 25 Stery and med Duct labour (600 how 245.000 Indirect labour 60 000 Sell & states 23.000 36 med 63700 70 related to factory options 30 related to selling met Deprecated Sorry 00 56 related to factory 50 related to as office 30 Matering overnaderosos Asary of we do the follo Job Material Lor Requisition Slips Tidur KO BODO 10 bos AYU fa 20 hores SARA 30,000 37000 fut 130 hours FESIUM Job ANA and SARA was completed and told for R6400 ESO 800 petely at the mad of the mouth and Job AYU complete Required: Prepare journal entries to record the actions for Sumay 2009 Exclude journal entries for source document and the complet and sale of Jobs AYU and SARAJU (10 ml) b) Prepare a Cast of Goods Manufactured Schedule for many 2019 ma) Joumaise the adjusting eatymu the descreampiedictoringement, amming the balance is located steely to Cost of Good Sold d) Aug Setu Berhad some morbins for both disces for an wpcoming expe The batch orde is for 1.000 obce Daras the samebulity (applicability of the curent job enter conting systems conting the Setia Barlad is a braceletsjen eller headquartered in Kuala Lumpu The company wies jeb labour hom (DLH order costing systems and applies manuscturing overbead cost to yobt on the basis of direct At the beginning of a Setia Berhad had work procentyrfined good itory Balocem the materials into account for RM50.000 of direct matrials at the beginning of January 2019. Jobs ANA, AYUR SARA Cated in my The Company Contes a total of 560 DLH to be worked for the orders at a mulcturing overed cost of RM196.000 The following transactions were recorded during the mouth Date Transactions KSE Jan Twaan no desplaced 30000 for use in production Statens required for use in production 275.000 20% of the materials de classified aduecerias Het coucou bulding persona JUU 80% elated to factory operatiom 20% related to be office Salary and was cute Diect labow (600 hos) 245.000 Indirect labow 60 000 Selling & administrative salarin 23 000 20Ulayuncated 000 20% elated to factory operation 30% related to selline administrativ Deprecation needed for yek TU 50 related to factory 50% related to mais eficent 31 Machang omhad costs appard to jobs Ammary of some det rom the following dormation Job Material Gibour Time Requisition Slips Tickets FANA KM TWEST for 190 bow AYU 12.00 for 250 bours SARA 257000 for 130 hours GATUR 3500 BU1000 Jobs ANA and SARA was completed and sold for RM0364,400 med RM508,900 respectively at the end of the mouth and Job AYU complete Required: *) Prepare journal entries to record the transactions for Jamuary 2019 Exclude ournal entes for source documents and the completion and sale of Job: AYU and Store (10) b) Prepare a Cost of Good Manfactwed Schedule for January 2019 mas) Jounalise the adjustangeny to sign the under er overapplind manufacturing overhead arming the balance allocated tely to Cost of Goods Sold mal) Arming Sets Berhad received an order for a batch of limited edition bracelets for a upcoming expo The batchede is for 1000 latus of bracelets Discuss the stability (applicability) of the current job onder conting system in conting the

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Financial Accounting

Authors: Theodore Christensen, David Cottrell, Cassy Budd

12th Edition

1260165116, 9781260165111

More Books

Students also viewed these Accounting questions