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Ejercicio 1 : Journal entries for Job CostingThe Dove Furniture Company manufactures tables. In March, 2 0 x 1 the two productiondepartments had budgeted allocation
Ejercicio : Journal entries for Job CostingThe Dove Furniture Company manufactures tables. In March, x the two productiondepartments had budgeted allocation bases of machinehours in Department A and direct manufacturing laborhours in Department B The budgeted manufacturing overheads forthe june were $ and $ respectively. For Job A the actual costs incurred in the twodepartments were as follows:Department A Department BDirect materials purchased on account $ $Direct materials used Direct manufacturing labor Indirect manufacturing labor Indirect materials used Lease on equipment Utilities Job A incurred machinehours in Department A and manufacturing laborhours inDepartment B The company uses a budgeted overhead rate for applying overhead toproduction.
Required:a Determine the budgeted manufacturing overhead rate for each department.b Prepare the necessary journal entries to summarize the March transactions forDepartment Ac What is the total cost of Job A
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