know how to do journals but not all the other stuff. please help. thank you!
4. If 10,800 of the custom-made machined parts are shipped to the customer in February, how much of this job's cost wil In cost of goods sold for February? Answer is not complete. Complete the question by entering your answers in the tabs below. Prepare T-accounts for Manufacturing Overhead and Work in Process. Post the relevant items from your journal entries to the Complete the question by entering your answers in the tabs below. Prepare journal entries to record items (a) through ( f ) above [ignore item ( g ) for the moment]. (If no entry is required transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations.) Required: 1. Prepare journal entries to record items (a) through (f) above fignore item (g) for the moment]. 2. Prepare T-accounts for Manufacturing Overhead and Work in Process. Post the relevant Items from your journal entrles to these Taccounts. 3. Prepare a journal entry for Item (g) above. 4. If 10,800 of the custom-made machined parts are shipped to the customer in February, how much of this job's cost will be included In cost of goods sold for February? Answer is not complete. Complete the question by entering your answers in the tabs below. Prepare a journal entry for item ( g ) above. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Required: 1. Prepare journal entrles to record items (o) through (f) obove [ignore item (g) for the moment]. 2. Prepare T-accounts for Manufacturing Overhead and Work in Process. Post the relevant items from your journal entries to these T. accounts. 3. Prepare a joumal entry for item (g) above. 4. If 10,800 of the custom-made machined parts are shipped to the customer in February, how much of this job's cost will be included in cost of goods sold for February? (8) Answer is not complete. Complete the question by entering your answers in the tabs below. If 10,800 of the custom-made machined parts are shipped to the customer in February, how much of this job's cost will be included in cost of goods sold for February? (Round your intermediate calculations to 2 decimal places and final anawer to the nearest whole dollar amount.) Dillon Products manufactures various machined parts to customer specifications. The company uses a job-order costing system and applies overhead cost to jobs on the basis of machine-hours. At the beginning of the year, the company used a cost formula to estumate that it would incur $4,177,500 in manufacturing overhead cost at an activity level of 557,000 machine-hours. The company spent the entire month of January working on a large order for 12700 custom-made machined parts. The company had no work in process at the beginning of January. Cost data relating to January follow: a. Raw materials purchased on account, $314,000. b. Raw materlals used in production, $267,000 ( 80% direct materlals and 20% indirect materials). c. Labor cost accrued in the factory, $156,000 (one-third direct labor and two-thirds indirect labor). d. Depreclation recorded on factory equipment, $63,400. e. Other manufacturing overhead costs incurred on account, $84,800. f. Manufacturing overhead cost was applied to production on the basis of 40,620 mochine-hours actually worked during the month. g. The completed job for 12,700 custom-made machined parts was moved into the finished goods warehouse on January 31 to awalt dellvery to the customer. (In computing the dollar amount for this entry, remember that the cost of a completed job consists of direct materials, direct labor, and applled overhead.) Required: 1. Prepare journai entrles to record items (a) through (f) above (Ignore item (g) for the moment). 2. Prepare T-accounts for Manufacturing Overhead and Work in Process. Post the relevant Items from your journal entrles to these Taccounts. 3. Prepare a joumal entry for Item (g) above. 4. If 10,800 of the custom-made machined parts are shipped to the customer In February, how much of this job's cost will be included in cost of goods sold for February
