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Exercise 15-8 Enos Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter's production. 1. Materials
Exercise 15-8 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 $194,300, and factory wages incurred $91,000. 2. Materials requisitioned and factory labor used by job: Materials Factory Labor Job Number A20 A21 22 $36,540 45,120 36,200 40,470 5,470 $163,800 $18,800 22,700 15,700 25,400 8,400 $91,000 A23 General factory use 3. Manufacturing overhead costs incurred on account $54,100. 4. Depreciation on factory equipment $16,450. S. Depreciation on the company's office building was $15,300 6. Manufacturing overhead rate is 87% of direct labor cost. 7. Jobs completed during the quarter A20, A21, and A23. Prepare entries to record the operations summarted above. (Credit account titles are automatically Indented when amount is entered. Do not indent manually 7. Jobs completed during the quarter: A20, A21, and A23. Prepare entries to record the operations summarired above. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit (to record materials purchases) (To record factory wages) (To record materials put into production) (to record bor put to production) (To record labor put into production) Click if you would like to show Work for this questioni Open Show Work
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