+ kowal Online trach x signment/take Assignment Main doinvokerStake AssignmentSessionLocator-Binprogress=false My Account - Projec. Orders manager 26 Abonne VISTAS SPANISH ACCOUNTING A BIOL 1101-SIMMS eBook Calculator Analyzing Manufacturing Cost Accounts Fire Rock Company manufactures designer paddle boards in a wide variety of sizes and styles. The following incomplete ledger accounts refer to transactions that are summarized for June Materials 29,400 June 30 118,000 Requisitions (A) Balance Purchases June 1 June 30 Work in Process Completed jobs (F) June 1 June 30 June 30 June 30 Balance Materials Direct labor Factory overhead applied (8) June 30 (C) (D) (E) Finished Goods opune 36 Cost of goods sold June 1 June 30 Balance Completed jobs Wages Payable o 8 83 10:49 AM V/25/2012 C Prisc Insert F9 F10 FI F12 $ % 5 & 7 C 9 Il + E 6 8 0 R IT Y U O P o NOW2 Online teach x + takeAssignment/takeAssignmentMain doinvokerStakeAssignmentSessionLocator-Sinprogress=false My Account Projec. Orders manager Abone VISTAS-SPANISH ACCOUNTING A BIOL 1101 SMMS- ebook Calculator Wages Payable Pune 30 Wages incurred 120,000 Factory overhead applied June 1 June 30 June 30 June 30 Balance Indirect labor Indirect materials Other overhead Factory Overhead 21,200 June 30 (H 15.700 96,4001 In addition, the following information is available: 3. Materials and direct labor were applied to six jobs in July: Job No. Style Quantity Direct Materials 201 T100 $13,500 180 390 Direct Labor $14,000 25.000 202 35,030 203 T200 T400 5200 170 7,000 11,720 35.680 204 290 30,000 17.000 205 T300 180 19,340 5,300 206 S100 100 3.000 Total 1.310 $125.570 $96.000 O DI 9 10:49 AM 9/25/2020 C + PESO FS F 52 Fo FIO FT & ( % 5 # 00 Il + B 6 7 9 0 R T Y U O P. o gageNOW2 Online teach X + take Assignment/takeAssignmentMain doinvokerStakeAssignmentSessionLocatorinprogress-false My Account Projec.. Orders manager 6 Arbonne VISTAS-SPANISH ACCOUNTING SA BIOL 1101-SIMMS. b. Factory overhead is applied to each job at a rate of 160% of direct labor cost. c. The June 1 Work in Process balance consisted of two jobs, as follows: Job No. Style Work in process, June 1 201 T100 $5,400 202 T200 15,800 Total $21,200 d. Customer jobs completed and units sold in July were as follows: Job No. Style Completed in July Units sold in July 201 T100 X 202 T200 X 312 203 T400 0 204 5200 205 T300 149 206 S100 0 1. Determine the missing amounts associated with each letter and complete the following table. If required, round amounts to the nearest dollar. If an answer is zero, enter in "O". Enter all amounts as positive numbers. Check My Work Previous 10 SV2 o RI 9 82 Prisc Toise F FS FB F F10 F11 F12 % + NOW Online beach X take Assignment/takeAssignmentMain doinwoker=&take AssignmentSessionLocator=&inprogress-false My Account - Project Orders manager 26 Arbonne VISTAS SPANISH ACCOUNTING A BOL 1101. SIMMS June 1 Work in Process Factory Overhead Unit Cost Job No. Direct Materials Direct Labor Total Cost Quantity $5,400 $ 10,500 $14.000 No. 201 5 No. 202 15,800 25,000 35,030 11,720 35,680 7,000 No. 203 No. 204 30,000 17,000 No. 205 19,340 3,000 No. 206 Total $21,200 125,570 96,000 a. Materials Requisitions b. Work in Process Beginning Balances c. Direct Materials d. Direct Labor e. Factory overhead applied 1. Completed jobs Previous 10:49 AM O PI X c 2 0+ P1150 Insert DA 19 $ & 7 * 00 + 11 Bad 5 6 9 0 VE R T LY U O NOWV2 Online teach + Assignment/take AssignmentMain.do?invoker=&takeAssignmentSession Locator-inprogress-false My Account - Projec Orders manager - 26 Arbonne ** VISTAS SPANISH ACCOUNTING BIOL 1101-SIMMS c. Direct Materials d. Direct Labor e. Factory overhead applied f. Completed jobs 9. Cost of goods sold h. Indirect labor 2. Determine the June 30 balances for each of the inventory accounts and factory overhead. Use the musion to indicate any credit balances Materials: Work in Process s Finished Goods: 5 Factory Overhead:
