Hello, I'm trying to move on with this problem, but I am stuck in the JOB 121 t-account. I've been trying to get the answer related to the data they give me in the transactions and previous requirements but, none of the numbers I have come up gives me the right answer. Hoping to get an answer in how I get the number for Job 121 in box (i).
spx?homeworkld=549513941&questionld=1&flushed=false&cld=5758721¢erwin=yes 1 of 1 (1 complete) i More Info X a. Collections on account, $153,000. b. Selling and administrative expenses incurred and paid, $15,000. c. Payments on account, $42,000. d. Materials purchased on account: Paper, $24,500; indirect materials, $4,900. e. Materials requisitioned and used in production: Job 120: Paper, 700 Job 121: Paper, $ 7,850 Indirect materials, $ 1,900 f. Wages incurred during June, $38,000. Labor time records for the month: Job 120, $4,800; Job 121, $16,600; indirect labor, $16,600 Wages paid in June include the balance in the Wages Payable at May 31 plus $34,900 of wages incurred during June. h. Depreciation on plant and equipment, $2,900. i. Manufacturing overhead allocated at the predetermined overhead allocation rate of 90% of direct labor costs In Print Done Cork.aspx?homeworkld=549513941&questionld=1&flushed=false&cld=5758721 ¢erwin=yes 1 of 1 (1 complete) i More Info -X fol d. Materials purchased on account: Paper, $24,500; indirect materials, $4,900 e. Materials requisitioned and used in production: Job 120: Paper, $ 700 Job 121: Paper 7,850 ento Indirect materials, 1,900 unt. (F of th f. Wages incurred during June, $38,000. Labor time records for the month: Job 120, $4.800: Job 121. 516,600; indirect labor, $16,600 g. Wages paid in June include the balance in the Wages Payable at May 31 plus $34,900 of wages incurred during June. h. Depreciation on plant and equipment, $2,900. i. Manufacturing overhead allocated at the predetermined overhead allocation rate of 90% of direct labor costs . Jobs completed during the month: Job 120 with 900,000 Large Stars at a total cost of $51,320 al. k. Sales on account: all of Job 120 for $125,000. 1. Adjusted for overallocated or underallocated manufacturing overhead the in Print Done CoP17-32A (similar to) Howie Stars produces stars for elementary teachers to reward their students. Howie Stars' trial balance on June 1 follows: (Click the icon to view the trial balance.) June 1 balances in the subsidiary ledgers were as follows: i) (Click the icon to view the balances.) i. Manufacturing overhead was allocated at the predetermined overhead allocation rate of 90% of direct labor costs Date Accounts Debit Credit Work-in-Process Inventory 19,260 Manufacturing Overhead 19,260 j. Jobs completed during the month: Job 120, 900,000 Large Stars at total cost of $51,320 Date Accounts Debit Credit Choose from any list or enter any number in the input fields and then click Check Answer 4 Clear AllP17-32A (similar to) Howie Stars produces stars for elementary teachers to reward their students. Howie Stars' trial balance on June 1 June follows: (Click the icon to view the trial balance.) i ( June 1 balances in the subsidiary ledgers were as follows: Read () (Click the icon to view the balances.) Bal. 20,650 Bal. 3,800 Post the transactions to the Work-in-Process Inventory subsidiary ledger accounts. Key each transaction by transaction lett along with a "Bal." reference on the normal side of the T-account.) Job 120 Job 121 Bal 41,500 (e ) 7.850 700 4,800 16.600 4,320 51,320 () Bal Bal Choose from any list or enter any number in the input fields and then click Check Answer 4 remaining Clear All O Type here to search Do
