misert Draw Design assignment - Word Layout References Mailings Review yamura krishna 1603@gmail.com View Help Grammarly Tell me what you want to do PART B Required: Setu Bestad is a bracelets clic headquartered in Kuala Lumpur. The company uses job onder costing system and applies manufacturing overhead cost to jobs on the basis of direct Labour hours (DLH) At the beginning of January, Setia Bethad had no work in process inventory or finished goods inventory Balance in the raw materials inventory accounts for RM50,000 of direct materials at the beginning of January 2010. Johs ANA, AYU and SARA were created in January The company estimates a total of 560 DLH to be worked for the orders at a manufacturing overhead cost of RM196.000, a) Prepare journal entries to record the transaction for January 2019 Exclude journal entries for source documented the completan and solu Jah SARA YOU WERE b) Prepare Cost of Goods Manufactured Schedule for lanuary 2010 The following transactions were recorded during the month RM 350,000 c) Josalise the adjusting entry teasun the under or overapplied matching overad assuming the balance is allocated entuely to cost of Goods Sold mark) d) Assuming Setia Battad received an order for a batch of limited edition bracelets for upcoming expo. The batch orden for 1.000 similar mits of bracelets 275,000 40,000 Discuss the stability (applicability) of the current job order contingem in costing the hatch order Date Transactions Jan 1 Raw materials (assuming to indirect materials) purchased for use in production Raw materials requisitioned for use in production 20 of the materials were classified as indirect materials 5 Rental cost on building per annum 80 related to factory operations 20% related to sales office 25 Salary and wages incurred Direct labour (600 hours) Indirect labor Selling & administrative salaries 26 Utility incurred 70% related to factory operations 30% related to selling & administrative activities 31 Depreciation recorded for the year 50% related to factory equipment 50% related to sales office equipment 1 Manufacturine overhead costs was applied to jobs 245.000 60,000 23.000 65,000 SUB-TOTAL 20 MARKS GRAND TOTAL 100 MARKS 7.000 A summary of source documents reveals the following information Job Material Requisition Slips RM70,000 ANA AYU 100,000 Labour Time Tickets RM80,000 for 190 hours 120,000 for 280 hour 45,000 for 130 hours 60,000 SARA 50 000 General Use 55.000 Jobs ANA and SARA was completed and sold for RM364,400 and RM508,800 respectively at the end of the month and Job AYU was incomplete h (United States) rch HI Microsoft office misert Draw Design assignment - Word Layout References Mailings Review yamura krishna 1603@gmail.com View Help Grammarly Tell me what you want to do PART B Required: Setu Bestad is a bracelets clic headquartered in Kuala Lumpur. The company uses job onder costing system and applies manufacturing overhead cost to jobs on the basis of direct Labour hours (DLH) At the beginning of January, Setia Bethad had no work in process inventory or finished goods inventory Balance in the raw materials inventory accounts for RM50,000 of direct materials at the beginning of January 2010. Johs ANA, AYU and SARA were created in January The company estimates a total of 560 DLH to be worked for the orders at a manufacturing overhead cost of RM196.000, a) Prepare journal entries to record the transaction for January 2019 Exclude journal entries for source documented the completan and solu Jah SARA YOU WERE b) Prepare Cost of Goods Manufactured Schedule for lanuary 2010 The following transactions were recorded during the month RM 350,000 c) Josalise the adjusting entry teasun the under or overapplied matching overad assuming the balance is allocated entuely to cost of Goods Sold mark) d) Assuming Setia Battad received an order for a batch of limited edition bracelets for upcoming expo. The batch orden for 1.000 similar mits of bracelets 275,000 40,000 Discuss the stability (applicability) of the current job order contingem in costing the hatch order Date Transactions Jan 1 Raw materials (assuming to indirect materials) purchased for use in production Raw materials requisitioned for use in production 20 of the materials were classified as indirect materials 5 Rental cost on building per annum 80 related to factory operations 20% related to sales office 25 Salary and wages incurred Direct labour (600 hours) Indirect labor Selling & administrative salaries 26 Utility incurred 70% related to factory operations 30% related to selling & administrative activities 31 Depreciation recorded for the year 50% related to factory equipment 50% related to sales office equipment 1 Manufacturine overhead costs was applied to jobs 245.000 60,000 23.000 65,000 SUB-TOTAL 20 MARKS GRAND TOTAL 100 MARKS 7.000 A summary of source documents reveals the following information Job Material Requisition Slips RM70,000 ANA AYU 100,000 Labour Time Tickets RM80,000 for 190 hours 120,000 for 280 hour 45,000 for 130 hours 60,000 SARA 50 000 General Use 55.000 Jobs ANA and SARA was completed and sold for RM364,400 and RM508,800 respectively at the end of the month and Job AYU was incomplete h (United States) rch HI Microsoft office