Hydro paddle board journal entries pt 2

Jan. 11 Applied $2,654.28 of direct materials to Job 12 Received a check from Go Paddle Sales 15 Applied $4,428.12 of direct materials to Job 16 Purchased $1,006.00 of factory supplies from 16 Applied $6,434.00 of direct labor to Job No. No. 1402. (Materials Requisition No. 1682) Company for the amount due. No. 1404. (Materials Requisition No. 1683) Keyz Supplies Inc. and paid cash. 1405, which will complete the job. (Time Ticket No. 260) Applied factory overhead using the appro- priate rate Transferred the completed job to the finished goods account. Sold one Standard Cl (Competition) custom stand-up paddle (SUP) board to a cash customer for $2,800.00 The cost of the goods shipped from finished goods inventory was $2,000.00. 16 17 Requisitioned S2.235.00 of indirect materials and factory supplies to be used in all factory jobs currently in process. (Materials Requi- sition No. 1684) 17 Signed a contract with Extreme Board Systems for the manufacture of 77 units RI (Racing ) custom stand-up paddle (SUP) boards. The promise date is February 15. The company began the job today, applying $8.440.000 of direct materials to Job No 1407 (Materials Requisition No. 1685)