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On November 14, the Milling Department accepted Job 111407A for 1,000 pounds of cereal mix. Materials: Standard Qty. Standard Cost Oats Wheat Barley Malt Honey
On November 14, the Milling Department accepted Job 111407A for 1,000 pounds of cereal mix.
Materials: Standard Qty. Standard Cost Oats Wheat Barley Malt Honey Water Time: 525 pounds 450 pounds 85 pounds 65 pounds 25 quarts 25 gallons $1.25 per pound $1.15 per pound $1.45 per pound $2.15 per pound $1.20 per quart $0.45 per gallon Miller 4 1/2 hours 1 1/2 hours $22.75 per hour $11.50 per hour Loader Overhead is applied at $5.75 per pound completed. The recipe produced 1,025 pounds of cereal mix. If an amount box does not require an entry, leave it blank. If required, round your answers to the nearest cent. a. Journalize the entry to record the transfer of raw materials to Job 111407A. Nov. 14 b. Journalize the entry to record the direct labor incurred for Job 111407A. Nov. 14 C. Journalize the entry to record the manufacturing overhead applied to Job 111407A. Nov. 14 d. Journalize the entry to record the transfer of Job 111407A to Finished Goods on November 14. Nov. 14Step by Step Solution
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