**MUST BE ABLE TO ANSWER ALL QUESTIONS**

A) During January, its first month of operations, Dieker Company accumulated the following manufacturing costs: raw materials $5,400 on account, factory labor $6,100 of which $5,900 relates to factory wages payable and $200 relates to payroll taxes payable, and utilities payable $2,500. Prepare separate journal entries for each type of manufacturing cost.

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B) In January, Dieker Company requisitions raw materials for production as follows: Job 1 $970, Job 2 $1,400, Job 3 $760, and general factory use $710. Prepare a summary journal entry to record raw materials used.

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C) During January, time tickets show that the factory labor of $6,900 was used as follows: Job 1 $2,390, Job 2 $1,700, Job 3 $1,520, and general factory use $1,290. Prepare a summary journal entry to record factory labor used.

D) Marquis Company estimates that annual manufacturing overhead costs will be $807,000. Estimated annual operating activity bases are direct labor cost $477,000, direct labor hours 55,000, and machine hours 110,000. Compute the predetermined overhead rate for each activity base. (Round answers to 2 decimal places, e.g. 10.50.)

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D) During the first quarter, Francum Company incurs the following direct labor costs: January $55,300, February $60,000, and March $70,200. For each month, prepare the entry to assign overhead to production using a predetermined rate of 72% of direct labor cost.

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E) In March, Stinson Company completes Jobs 10 and 11. Job 10 cost $27,700 and Job 11 $32,700. On March 31, Job 10 is sold to the customer for $44,900 in cash. Journalize the entries for the completion of the two jobs and the sale of Job 10.

Debit Credit Date Account Titles and Explanation Jan. 31 (To record purchase of raw materials on account) (To record factory labor costs) 31 (To record entry for utilities payable) Debit Credit Date Account Titles and Explanation Jan. 31 Work in Process Inventory Manufacturing Overhead Raw Materials Inventory Date Account Titles and Explanation Debit Credit Jan. 31 Overhead rate per direct labor cost Overhead rate per direct labor hour Overhead rate per machine hour Date Account Titles and Explanation Debit Credit Jan. 31 Feb. 28 Mar. 31 Date Account Titles and Explanation Debit Credit Mar. 31 (To record the completion of the two jobs) (To record the sale Job 10) (To record the cost of the job sold)