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Entries for Materials Kingsford Furnishings Company manufactures designer furniture Kingsford Furnishings uses a job order cost system. Balances on April from the materials ledger are
Entries for Materials Kingsford Furnishings Company manufactures designer furniture Kingsford Furnishings uses a job order cost system. Balances on April from the materials ledger are as follows: Fabric $25,700 Polyester Ring 7,700 Lumber 57,600 Cue 2.500 The materials purchased during April on accountare summarized from the receiving reports as follows: Fabric $128,200 Polyestering 178,200 Lumber 351,300 Glue 12,200 Materials were regioned to individual jobs as follow Polyester Fabric Lumber Glue Total Filling Job 601 $58,200 $155,700 $260,100 Job 35.600 63,300 136100 235,200 Job 603 32.500 43,000 75,800 151,600 Factory overhead indirect $6.000 6,000 materials Total 5114,600 $164,500 5367,800 56,000 $652,900 The glue is not a significant cost, so it is treated andre material actory overhead MP@More O Prisen Home End PgUp 396 Pgo WY 42 A s 4 % 5 & 7 6 8 9 0 R T Y U o I F G J L v
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