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its saying i am missing information but im not sure what im missing. thx! Oak Creek Furniture Factory (OCFF), a custom furniture manufacturer, uses job
its saying i am missing information but im not sure what im missing. thx!
Oak Creek Furniture Factory (OCFF), a custom furniture manufacturer, uses job order costing to track the cost of each customer order. On March 1, OCFF had two jobs in process with the following costs: Work in Process Job 33 Job 34 Balance on 3/1 $ 7,500 6.000 5 13,500 Source documents revealed the following during March: Materials Requisitions Porn Job 33 $ 3.500 Jobs 34 6.000 Job 35 4,200 Indirect 1,300 $ 15,000 Labor Tine Tickets Statue of Job at Month-Ind $ 6,500 Completed and sold 7.800 Completed, but not sold 3,250 In proces 2,140 $19,690 The company applies overhead to products at a rate of 150 percent of direct labor cost Required: Prepare journal entries to record the materials requisitions, labor costs, and applied overhead. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) Required: Prepare journal entries to record the materials requisitions, labor costs, and applied overhead. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Answer is not complete. No Transaction General Journal Credit Debit 13,700 1 Work in Process Inventory Manufacturing Overhead Raw Materials Inventory 2 b Work in Process Inventory Manufacturing Overhead Wages Payable 17,550 2,140 19,690 3 C 26,325 Work in Process Inventory Manufacturing Overhead 26,325
its saying i am missing information but im not sure what im missing. thx!
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