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Job - Order Cost Sheets, Balance in Work in Process and Finished Goods Prull Company, a job - order costing firm, worked on three jobs
JobOrder Cost Sheets, Balance in Work in Process and Finished Goods Prull Company, a joborder costing firm, worked on three jobs in July. Data are as follows: Line Item Description Job Job Job Balance, July $ $ $ Direct materials $ $ $ Direct labor $ $ $ Machine hours Overhead is applied to jobs at the rate of $ per machine hour. By July Jobs and were completed. Jobs and were sold. Job remained in process. On July the balance in Finished Goods was $consisting of Job for $ and Job for $ Prull prices its jobs at cost plus During July, variable marketing expenses were of sales, and fixed marketing expenses were $; administrative expenses were $Round all amounts to the nearest dollar. Question Content Area Prepare joborder cost sheets for all jobs in process during July, showing all costs through July All amount cells must have an entry; enter zeros as needed. Prull Company JobOrder Cost Sheets For the Month of July Line Item Description Job Job Job Balance, July $Balance, July $Balance, July $Balance, July Direct materials Direct materials Direct materials Direct materials Direct labor Direct labor Direct labor Direct labor Applied overhead Applied overhead Applied overhead Applied overhead Total $Total $Total $Total Feedback Area Feedback Question Content Area Calculate the balance in Work in Process on July The balance in Work in Process on July is fill in the blank of $ Calculate the balance in Finished Goods on July The balance in Finished Goods on July is fill in the blank of $ Calculate Cost of Goods Sold for July. The cost of goods sold for July is fill in the blank of $ Calculate operating income for Prull Company for the month of July. The operating income for the month of July is fill in the blank of $
JobOrder Cost Sheets, Balance in Work in Process and Finished Goods
Prull Company, a joborder costing firm, worked on three jobs in July. Data are as follows:
Line Item Description Job Job Job
Balance, July $ $ $
Direct materials $ $ $
Direct labor $ $ $
Machine hours
Overhead is applied to jobs at the rate of $ per machine hour. By July Jobs and were completed. Jobs and were sold. Job remained in process. On July the balance in Finished Goods was $consisting of Job for $ and Job for $
Prull prices its jobs at cost plus During July, variable marketing expenses were of sales, and fixed marketing expenses were $; administrative expenses were $Round all amounts to the nearest dollar.
Question Content Area
Prepare joborder cost sheets for all jobs in process during July, showing all costs through July All amount cells must have an entry; enter zeros as needed.
Prull Company
JobOrder Cost Sheets
For the Month of July
Line Item Description Job Job Job
Balance, July $Balance, July
$Balance, July
$Balance, July
Direct materials Direct materials
Direct materials
Direct materials
Direct labor Direct labor
Direct labor
Direct labor
Applied overhead Applied overhead
Applied overhead
Applied overhead
Total $Total
$Total
$Total
Feedback Area
Feedback
Question Content Area
Calculate the balance in Work in Process on July
The balance in Work in Process on July is fill in the blank of $
Calculate the balance in Finished Goods on July
The balance in Finished Goods on July is fill in the blank of $
Calculate Cost of Goods Sold for July.
The cost of goods sold for July is fill in the blank of $
Calculate operating income for Prull Company for the month of July.
The operating income for the month of July is fill in the blank of $
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