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Homework Chapter 2 6 Savcd Help Save & Exit Submit Check my work Required information Problem 2-3A Source documents, journal entries, and accounts in job
Homework Chapter 2 6 Savcd Help Save & Exit Submit Check my work Required information Problem 2-3A Source documents, journal entries, and accounts in job order costing LO P1, P2, P3 The following information applies to the questions displayed below. Widmer watercraft's predetermined overhead rate for the year 2017 is 200% of direct labor. Information on the company's Part 2 of 4 production activities during May 2017 follows. a. Purchased raw materials on credit, $220,000 b. Materials requisitions record use of the following materials for the month points Skipped Tob 136 Job 137 Job 138 Job 139 Tob 140 Total direct materials Indirect materials Total materials used $50,0ao 33,000 19,800 22,800 7.200 132,800 eBoak Print $154, 300 References c. Paid $16,000 cash to a computer consultant to reprogram factory equipment. d. Time tickets record use of the following labor for the month. These wages were pald in cash Job 136 Job 137 Job 138 Job 139 Job 140 Total direct labor Indirect Labor Total 12,200 10,700 37,500 39,200 3,200 102,800 25.500 $128,300 Homework Chapter 2 i Saved Help Save & Exit Submit Check my work 5 e. Applied overhead to Jobs 136, 138, and 139 f. Transferred Jobs 136, 138, and 139 to Finished Goods. g. Sold Jobs 136 and 138 on credit at a total price of $545,000 h. The company incurred the following overhead costs during the month (credit Prepaid Insurance for expired factory Part 2 of 4 insurance). Depreciation of Lfactory building Depreciation of factory equipment Expired factory insurance Accrued property taxes payable $68,D00 37,000 10,000 35,500 Skipped i. Applied overhead at month-end to the Work in Process Inventory account (Jobs 137 and 140) using the predetermined eBook overhead rate of 200% of direct labor cost. Print Problem 2-3A Part 2 2. Prepare journal entries to record the events and transactions a through i View transaction list Journal entry worksheet Record raw materlal purchases on credit. Homework Chapter 2 6 Help Save & Exit ubmit Check my work 5 Problem 2-3A Part 2 Part 2 of 4 2. Pre parejournal entries to record the events and transactions a through View transaction list Skippod Journal entry worksheet 6 10 Record raw material purchases on credit Print Note: Enter debils belore credits References Transaction General Journal Debit Credit Record entry Clear entry View general journal Homework Chapter 2 i Savec Help Save & Exit Submit Check my work 5 Problem 2-3A Part2 Part 2 of 4 2. Prepare journal entries to record the events and transactions a through View transaction list points Journal entry worksheet eBook Record the requisition of direct and indirect materials. Print Note: Enter debits before credits References Transaction General Journal DebitCredit Record entry Clear entry View general journal Homework Chapter 2 Saved Help Save & Exit Sbmit Check my work 5 Problem 2-3A Part 2 Part 2 of 4 2. Prepare journal entries to record the events and transactions a through i 5 points View transaction list Skipped Journal entry worksheet K23 4 5 67 8 10 eBook Record payment to computer consultant to reprogram factory equipment. Print Note: Enter debits before credits. References Transaction General Journal Debit Credit Record entry Clear entry View general journal Homework Chapter 2 Saved Help Save& Exit Submit Check my work 5 Problem 2-3A Part 2 Part 2 of 4 2. Prepare journal entries to record the events and transactions a through i View transaction list points Skippec Journal entry worksheet 10 Book Record the entry for direct and indirect labor, paid in cash Print Note: Enter debits before credits. References General Journal Debit Credit Record entry Clear entry View general journal Homework Chapter 2 i Help Save& Exit Submit Check my work 5 Problem 2-3A Part 2 Part 2 of 4 2. Prepare journal entries to record the events and transactions a through i view transaction list noints Skippec Journal entry worksheet K1 23 4 56 78910 e Book Record the entry to apply overhead to jobs 136, 138 and 139 Print Note: Enter debits before cred ts References Transaction General Journal Debit Credit e. Record entry Clear entry View general journal Homework Chapter 2 6 Help Save & Exit Submit Check my work 5 Problem 2-3A Part 2 Part 2 of 4 2. Prepare journal entries to record the events and transactions a through View transaction list points Skipped Journal entry worksheet 9 10 eBook Record the transfer of completed jobs 136,138 and 139 to finished goods Print Note: Enter debits before credits 0 References Transaction General Journal DebitCredit Record entry Clear entry View general journal Homework Chapter 2 G Saved Help Save & Exit Submit Check my work 5 Problem 2-3A Part 2 Part 2 af 4 2. Prepare journal entries to record the events and transactions a through i. View transaction list points Skipped Journal entry worksheet 10 eBook Record the entry far sales on account for Jabs 136 and 138 Print Note: Enter debits before credits References Transaction General Journal Debit Credit gi1) Record entry Clear entry View general journal oework Chapte Help Save &Exit Submit Check my work 5 Problem 2-3A Part 2 Part 2 of 4 2. Prepare journal entries to record the events and transactions a through View transaction list points Skippec Journal entry worksheet Record the entry for the cost of sales of Jobs 136 and 138 Print Note: Enter debits before credits Referencos Transaction General Journal Debit Credit g(2). Record entry Clear entry View general journal Saved elp Save & Exit Submit Check my work 5 Problem 2-3A Part 2 Part 2 of 4 2. Prepare journal entries to record the events and transactions a through. View transaction list points Skipped Journal entry worksheet K1 234 5 789 10 eBook Record other factory overhead (depreciation, insurance and property taxes) Print Note: Enter debits before credits Rcferences Transaction General Journal Debit Credit h. Record entry Clear entry View general journal Homework Chapter 2 6 Savrd Help Save & ExtSubmit Check my work 5 Problem 2-3A Part 2 Part 2 of 4 2. Prepare journal entries to record the events and transactions a through i view transaction list points Skipped Journal entry worksheet K123 4 5678 9 10 eBook Record the entry to apply overhead to Jobs 137 and 140 (Work in Process) Print Note: Enter debits befcre cred ts References Transaction General Journal Debit Credit Record entry Clear entry View general journal
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