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Ki Technology Co manufactures DVDs for computer software and entertainment companies. Ki uses job order costing. On April 2. Ki began production of 6,000 DVDs
Ki Technology Co manufactures DVDs for computer software and entertainment companies. Ki uses job order costing. On April 2. Ki began production of 6,000 DVDs Job 423, for Paradigm Pictures for $1.20 sales price per DVD Ki promised to deliver the DVDs to Paradigm Pictures by April 5 K Incurred the following direct costs (Click the loan to view the costs) Read the requirements (Click the icon to view additional information) Totals S 1,201 Direct labor Manufacturing overhead Allocated Total Job Cost $ 460 Cost per DVD 460 644 $ 2.305 S 0.30 Requirement 2. Joumalize in summary form the requisition of direct materials and the assignment of direct labor and the allocation of manufacturing overhead to Job 423 Wages are not yet paid (Record debits first, then crdits. Exclude explanations from any journal entries) Start by journalizing the use of direct materials Date Apr 3 Accounts Work-in-Process Inventory Debit Credit
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