Homework: Job Order Costing Assignment 0 Saved Required information Part 3 of 3 [The following information applies to the questions displayed below,T Information on Kwon
Homework: Job Order Costing Assignment 0 Saved Required information Part 3 of 3 [The following information applies to the questions displayed below,T Information on Kwon Manufacturing's activities for its rst month of operations follows: 3 polliLs a. Purchased $101,900 of raw materials on credit, In. Materials requisitions show the following materials used for the month, eBook job 291 $ 58,199 _ job 292 25,533 E Total direct materials 75,699 Prim Indirect materials \"529 Total materials used $ 3531-29 References 1:. Time tickets show the following labor used for the month, job 291 a; 41,199 Job 292 14, 599 Total direct labor 55,699 Indirect labor 26,199 Total labor used $ 81,799 cl. Applied overhead to Job 201 and to Job 202 using a predetermined overhead rate is 80% pfdirect materials cost, 3. Transferred Job 201 to Finished Goods lnventory, f. (1) Sold Joo 201tor $169,460 on credit, [2) Record Cost of goods sold for Job 201, g. Incurred the following actual other overhead costs forthe month. Depreciation of factory equipment $ 33,999 Rent on factory building (payable) 699 Factory utilities (payable) 999 Expired factory insurance 4:999 Total other factory overhead costs $ 49:489 Post entrles for transactions a through 9 to the T-accounts. Each of Taccounts started the month with a zero balance. Ending balance Ending balance _ Ending balance
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