Question
January 4 Sold two ice cream systems to Day Dreamer's Ice Cream. The estimated direct labor is $8,200.00. The estimated direct material is $3,350.00. The
January 4 Sold two ice cream systems to Day Dreamer's Ice Cream. The estimated direct labor is $8,200.00. The estimated direct material is $3,350.00. The estimated indirect material is $350.00. Day Dreamer's is to be billed in the amount of $20,925.00 on account. A check for $5,000.00 will be collected as a deposit against that sale. The start date will be January. The date promised will be January 23. Assign the contract to Job 74.
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Accounting Texts and Cases
Authors: Robert Anthony, David Hawkins, Kenneth Merchant
13th edition
1259097129, 978-0073379593, 007337959X, 978-1259097126
