File Home Insert Page Layout Formulas Data Review View Help X Cut Arial MT - 12 - AA = Wrap Text General Paste BTU - OA -E Format Painter E Merge & Center - $ % 8-98 Clipboard Font Alignment Number A y Nut Products manufactures screws and bolts made to customer specifications. During Aug A B C D E F G H I 1 Nut Products manufactures screws and bolts made to customer specifications. During August, Nutt incurred 2 the following manufacturing costs: 3 Direct Materials, $28,019 B R UDD 4 Direct Labor, $15,276.75 5 Applied factory overhead, $9,854.50 6. The following data pertain to these costs 8 Summary of Direct Materials Requistions 9 Dept. No. Job No. Req. No. Quantity Cost per Unit 1 8961 M66 2,675$ 223 2 8962 M671125 $ 18.78 1 8963 M681 780 $ 8.29 13 8961 M69 280 $ 5.72 14 8963 M70r 95 $ 22.07 8964 M711 2.945 $ 324 16 Summary of Direct Labor Time Tickets 18 Dept. No. Job No. Ticket Nos. Hours Rate per Hour 8961 1056-1166770 $ 7.25 8962 1167-1173 5 0 $ 725 8962 2121-2130 92 S 8.75 8963 1174-1189 1 78 S 7.25 8963 2131-2134 4 4 S 8.75 8964 1190-1230 945 $ 7.25 RARE 26 The overhead application rates are $4 per direct labor hour for Dept. 1 and 175% of direct labor cost for Dept. 2 27 28 Nutt had no beginning work in process for August 29 Job 8958 - Cost $14, 190, 18 to manufacture, was completed in July and sold on account in August for $19.000 30 The job cost sheet for Job 8958 is shown on the next worksheet (Job Order 8958) 31 Job 8961- Began in August and was completed and sold on account for $24,000 32 Job 8982 & 8964 Began in August and was completed but not sold in August 33 Job 8963 - Began in August and was still in process at the end of August 38 O Type here to search pb Order Probem Job Order 1958 ob Order 2011 ob 3 ardere debeamer der Er $ - % Alignment G Number Clipboard 10 1 Prepare six summary journal entries for the mont of August 2. 1) Cost of direct materials used 7 2) cost of direct labor 10 12 3) cost of applied overhead 13 17 4) cost of jobs completed 22 5) cost of goods sold ed 4 27 6) total sales on account 30 31 ... . Ready Job Order 8958 Job Order 8961 Job Order 8962 Job Order 8963 Job Order 89 Ready