{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-28T06:55:16-04:00", "answer_date": "2024-06-28 06:55:16", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4258002", "url": "\/study-help\/questions\/due-asap-accounting-221-question-dues-asapneed-help-during-4258002", "question_creation_date_js": "2024-06-28T06:55:16-04:00", "question_creation_date": "Jun 28, 2024 06:55 AM", "meta_title": "[Solved] Due ASAP. Accounting 221. ! question. Due | SolutionInn", "meta_description": "Answer of - Due ASAP. Accounting 221. ! question. Dues asap.Need help. During January 2017, Alpha Company began & completed work o | SolutionInn", "meta_keywords": "due,asap,accounting,221,question,dues,asapneed,help,january,2017,alpha,company", "question_title_h1": "Due ASAP. Accounting 221. ! question. Dues asap.Need help. During January 2017, Alpha Company began & completed work on its only Job No. A1. On", "question_title": "Due ASAP. Accounting 221. ! question. Dues asap.Need help. During January 2017,", "question_title_for_js_snippet": "Due ASAP Accounting 221 question Dues asap Need help During January 2017, Alpha Company began completed work on its only Job No A1 On January 2, Alpha purchased, on account, $12,800 of raw materials and placed into the work order a total of $11,000 of direct material Alpha also used 2,000 machine hours, and employed $19,200 of direct labor costs Alpha Company applies manufacturing overhead at a predetermined rate of $15 per machine hour used Use this information to prepare the January 31 General Journal entries, without explanations, for the (Round any final dollar answers to the nearest whole dollar All journal entries except the purchase of raw material sales will have the transaction date of January 31, 2017) 1 to purchase the raw materials 2 to record all costs used in the production of Job A1 3 to record the completion Job A1 4 to record the February 5 sales transaction, on account, of Job A1 to the customer for the sales price of $75,000 General Journal Date Accounts 1 2 17 Raw Material Inventory Accounts Payable 1 31 17 Work in Process Raw Material Inventory Wages Payable Factory Overhead 1 31 17 Finished Goods Inventory Work in Process 2 5 17 Accounts Receivable Sales Revenue Cost of goods sold Finished Goods Inventory Debit Credit", "question_description": "

Due ASAP. Accounting 221. ! question. Dues asap.Need help. <\/p>\"image During January 2017, Alpha Company began & completed work on its only Job No. A1. On January 2, Alpha purchased, on account, $12,800 of raw materials and placed into the work order a total of $11,000 of direct material. Alpha also used 2,000 machine hours, and employed $19,200 of direct labor costs. Alpha Company applies manufacturing overhead at a predetermined rate of $15 per machine hour used. Use this information to prepare the January 31 General Journal entries, without explanations, for the: (Round any final dollar answers to the nearest whole dollar. All journal entries except the purchase of raw material & sales will have the transaction date of January 31, 2017): 1. to purchase the raw materials 2. to record all costs used in the production of Job A1 3. to record the completion Job A1 4. to record the February 5 sales transaction, on account, of Job A1 to the customer for the sales price of $75,000 General Journal: Date Accounts 1\/2\/17 Raw Material Inventory Accounts Payable 1\/31\/17 Work in Process Raw Material Inventory Wages Payable Factory Overhead 1\/31\/17 Finished Goods Inventory Work in Process 2\/5\/17 Accounts Receivable Sales Revenue Cost of goods sold Finished Goods Inventory Debit Credit", "transcribed_text": "", "related_book": { "title": "Auditing Cases An Active Learning Approach", "isbn": "0130674842, 978-0130674845", "edition": "2nd Edition", "authors": "Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/64ed8a8041add_6938.jpg", "uri": "\/textbooks\/abnormal-psychology-clinical-perspectives-on-psychological-disorders-1st-edition-9781266566899", "see_more_uri": "" }, "free_related_book": { "isbn": "0195078721", "uri": "\/textbooks\/continuity-and-change-in-chinas-rural-development-collective-and-reform-eras-in-perspective-1st-edition-978-0195078725-281615", "name": "Continuity And Change In Chinas Rural Development Collective And Reform Eras In Perspective", "edition": "1st Edition" }, "question_posted": "2024-06-28 06:55:16", "see_more_questions_link": "\/study-help\/questions\/business-economics-2023-September-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/why-are-the-expectations-of-a-corporations-stakeholders-important-to", "description": "Why are the expectations of a corporations stakeholders important to the reputation of the corporation and to its profitability?", "stars": 3 }, { "url": "\/study-help\/introduction-to-probability-statistics\/we-select-at-random-an-integer-between-1-and-100-1981825", "description": "We select at random an integer between 1 and 100 (so that our sample space is = {1, 2, 3,, 100}). We consider the events A1, A2, and A3 which consist of all integers divisible by 2, 5, and 7,...", "stars": 3 }, { "url": "\/bob-lutz-opened-a-secretarial-school-called-best-secretarial-training", "description": "Bob Lutz opened a secretarial school called Best Secretarial Training. a. Lutz contributed the following assets to the business: Cash .............$5,700 Computers .......... 4,300 Office Equipment...", "stars": 3 }, { "url": "\/study-help\/questions\/comparing-the-irs-form-990-to-a-notforprofits-annual-report-9865427", "description": "Comparing the IRS Form 990 to a Not-For-Profit's annual report. What are the different audiences \/ needs \/ users \/ purpose of same? In details", "stars": 3 }, { "url": "\/study-help\/questions\/required-information-m720-to-22-algo-supplement-7a-calculating-cost-8727546", "description": "Required information M7-20 to 22 (Algo) (Supplement 7A) Calculating Cost of Goods Sold and Ending Inventory under Perpetual FIFO, LIFO, and Weighted Average Cost [LO 7-S1] In its first month of...", "stars": 3 }, { "url": "\/study-help\/questions\/consider-a-contingency-table-of-observed-frequencies-with-seven-rows-1006529", "description": "Consider a contingency table of observed frequencies with seven rows and five columns. a) How many chi-square degrees of freedom are associated with this table? b) What is the chi-square critical...", "stars": 3 }, { "url": "\/study-help\/questions\/if-a-medical-screening-test-to-detect-a-disease-whose-4960335", "description": "If a medical screening test to detect a disease whose prevalence is 10\/100 has 90% hit rate (rate at which positive results are given for positive cases) and 10% false alarm rate (rate at which...", "stars": 3 }, { "url": "\/study-help\/questions\/based-on-these-concepts-below-provide-some-literature-reviews-that-1009588", "description": "Based on these concepts below, provide some literature reviews that can support these concepts. Supply and demand: This concept refers to the relationship between the quantity of a product that...", "stars": 3 }, { "url": "\/study-help\/questions\/question-3-this-question-applies-to-parts-110-it-contains-3377501", "description": "Question 3 This question applies to parts 1-10. It contains drop-down multiple choice and numerical questions. Not answered Consider a world in which there are only two dates: 0 and 1. At date 1...", "stars": 3 }, { "url": "\/study-help\/questions\/why-is-the-ability-to-be-persuasive-in-communicating-verbally-1007816", "description": "Why is the ability to be persuasive in communicating verbally or in written form as important as ever at work?Explain", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/what-are-the-methods-that-companies-can-use-to-evaluate-4258001", "next": "\/study-help\/questions\/63-variable-costing-regards-fixed-manufacturing-overhead-as-an-a-4258003" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": "Due ASAP. Accounting 221. ! question. Dues asap.Need help. During January 2017,", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/due-asap-accounting-221-question-dues-asapneed-help-during-4258002" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } }} }