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E4-29 (similar to Reference The University of Chicago Press is wholly owned by the university. It performs the bulk of its work for other university
E4-29 (similar to Reference The University of Chicago Press is wholly owned by the university. It performs the bulk of its work for other university deparim stock of books for general sale. The press uses normal costing to cost each job. Its job-costing system has two direct-cost ca on the basis of direct manufacturing labor costs). The following data (in thousands) pertain to 2017: Jounal Entry (Click the icon to view the data.) Accounts Debit Credit Read the roguirements (In thousands) Post entries (1) through (11) to the accounts below, then calculate the ending balance in each account. The beginning balanc with a $0 balance leave the balance line blank.) Materials Control (1) 068 Accounts Payable Cantrol 890 Review the joumal entries from requirement 2 (2) Work-in-Process Control 790 Materials Control 790 Work-in-Process Manufacturing Control (3) Manufacturing Overhead Control 110 Materials Control Overhead Control Materlals Control Bal 110 Bal. 120 90 (4) Work-in-Process Control 1,310 Manufacturing Overhead Control 980 Wages Payable Control 2,290 490 (5) Manufacturing Overhead Control Bal Bal Bal Bal. Bal. Bal. Accumulated Depreciation Buildings and Manuf. Equipment 490 Manufacturing Overhead Control (6) 520 Finished Goods Manufacturing Miscallaneous Accounts 520 Control Cost of Goods Sold Overhead Allocated (77 Work-in-Process Control 2,227 Bal. 540 Manufacturing Overhead Allocated 2.227 Finished Goods Control (8) 4,130 Work-in-Process Control 4.130 Bal Bal Bal Bal Bal. Bal. Print Done Choose from any list or enter any number In the Input fields and then clck Check Answer. E4-29 (similar to Reference The University of Chicago Press is wholly owned by the university. It performs the bulk of its work for other university deparim stock of books for general sale. The press uses normal costing to cost each job. Its job-costing system has two direct-cost ca on the basis of direct manufacturing labor costs). The following data (in thousands) pertain to 2017: Jounal Entry (Click the icon to view the data.) Accounts Debit Credit Read the roguirements (In thousands) Post entries (1) through (11) to the accounts below, then calculate the ending balance in each account. The beginning balanc with a $0 balance leave the balance line blank.) Materials Control (1) 068 Accounts Payable Cantrol 890 Review the joumal entries from requirement 2 (2) Work-in-Process Control 790 Materials Control 790 Work-in-Process Manufacturing Control (3) Manufacturing Overhead Control 110 Materials Control Overhead Control Materlals Control Bal 110 Bal. 120 90 (4) Work-in-Process Control 1,310 Manufacturing Overhead Control 980 Wages Payable Control 2,290 490 (5) Manufacturing Overhead Control Bal Bal Bal Bal. Bal. Bal. Accumulated Depreciation Buildings and Manuf. Equipment 490 Manufacturing Overhead Control (6) 520 Finished Goods Manufacturing Miscallaneous Accounts 520 Control Cost of Goods Sold Overhead Allocated (77 Work-in-Process Control 2,227 Bal. 540 Manufacturing Overhead Allocated 2.227 Finished Goods Control (8) 4,130 Work-in-Process Control 4.130 Bal Bal Bal Bal Bal. Bal. Print Done Choose from any list or enter any number In the Input fields and then clck Check
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