Question
Enos Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter's production. 1.Materials purchased on account
Enos Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter's production.
1.Materials purchased on account $195,400, and factory wages incurred $90,400.2.Materials requisitioned and factory labor used by job:
Job Number
Materials
Factory Labor
A20$37,540$18,300A2144,72023,500A2236,90015,100A2342,17025,100General factory use4,8708,400$166,200$90,400
3.Manufacturing overhead costs incurred on account $50,900.4.Depreciation on factory equipment $17,050.5.Depreciation on the company's office building was $14,300.6.Manufacturing overhead rate is 80% of direct labor cost.7.Jobs completed during the quarter: A20, A21, and A23.
Prepare schedule showing the individual cost elements and total cost for each job in item 7.
Job
Direct
Materials
Direct
Labor
Manufacturing
Overhead
Total
A20$
$
$
$
A21
A23
$
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