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help please! GL0201 (Algo) - Based on Problem 2-2A LO P1, P2, P3, P4 Fisher Company shows the following costs for three jobs worked on
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GL0201 (Algo) - Based on Problem 2-2A LO P1, P2, P3, P4 Fisher Company shows the following costs for three jobs worked on in April. Additional Information 0. Raw Materials Inventory has a March 31 balance of $94,500. b. Raw materials purchases in April are $505,800, and total factory payroll cost in April is $394,900. c. Actual overhead costs incurred in Apill are indirect materials, $52,900; indirect labor, $25,900; factory rent, \$34,900: factory utilities, $21,900; and factory equipment depreciation, $56,800. d. Predetermined overhead rate is 50% of direct labor cost. -. Job 306 is sold for $660,000 cash in April. Complete this question by entering your answers in the tabs below. General Journal tab - Prepare journal entries to record the transactions of Fisher Company during the month of April. General Ledger tab - One of the advantages of general ledger software is that posting is done automatically. To see the detall of all transactions that affect a specific account, or the balance in an account at a specific point in time, click on the General tedger tab. account from the General ledger, soltware also automates the preparation of trial balances. A trial balance lists each credits. Job Costs tab Calculate the total cost, and account classification for each job worked on during April. Cost of Goods Manufactured tab - Prepare a schedule of cost of goods manufactured for Fisher Company during the month of April. Gross Profit tab - Calculate the gross profit on the sale of job(5) during April Step by Step Solution
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