Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

It is 1 question with 2 picture to make it clear to you. Thanks Problem 15-2A (Part Level Submission) For the year ended December 31,

It is 1 question with 2 picture to make it clear to you. Thanks image text in transcribed
image text in transcribed
Problem 15-2A (Part Level Submission) For the year ended December 31, 2014, the job cost sheets of anta Company contained the folowing data. $28.500 $27.360 $32.832 188,692 Current year's coats 34,200 49,248 124,468 ance 11 12,540 24,624 ent year's costs 49,020 05.664 69,404 Current year's costs 66,120 5.230 204.060 Other data 2. Raw materials i totaled $17,100 on January 1. Durng the year, si59.600 ef raw materia were purchased on account. nvernory 3. Finished goods on January 1 consisted of Job No. 763R for $99,180 and Job No. 1639 for $1CA,S20 Xob No, 7640 and Job No. 7641 were completed during the year Nes, 7638, 7639, and 764 5. were sold on account for $604,200. Manufacturing overhead incurred en account totaled s136E00. 5. other manufacturing overhead consisted of indirect materials $15,960, indiect labor sz0,520, and depreciation on factory machinery $9,120, v (a) Your answer is partialy correct. Try again. Prove the agreement of work in process Inventory with lob cott sheets pertaining to unfinished work cant: une atinde r-account for work in procens Inventory.) calculate each of the following, the direct labor, (4) manufacturing overhead, and (5) completed jobs. Workin pr Completed work 212180 Direct materials Direct labor overhead me anything

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting for Governmental and Nonprofit Entities

Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus

16th Edition

78110939, 978-0078110931

More Books

Students also viewed these Accounting questions