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Job Cost: Using job order accounting system for co.XYZ. Operations began at the beginning of the year for co. XYZ. The following cost are for
Job Cost: Using job order accounting system for co.XYZ. Operations began at the beginning of the year for co. XYZ. The following cost are for the assignments that were charged during the month. The predetermined MOH is 30% of DL Total MoHaned by Job Job Cost Sheet: Assignment Number Materials used DL Assignment #1 26,000 40,000 Assignment #21 35,000 30,000 Assignment #3 | 59,000 77,000 Assignment #4 45,000 72,000 1165,000 1219,000 a) In Finished good. What is Left? b) Assume DM were purchased on Account and DL was paid in cash write the Journal entry to record the initial cost incurred for materials and labor
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