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please answer # 4, the values for Deb. & Cred. Question 1 of 5 9.3/15 III View Policies Show Attempt History Current Attempt in Progress
please answer # 4, the values for Deb. & Cred.
Question 1 of 5 9.3/15 III View Policies Show Attempt History Current Attempt in Progress Stine Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $4,080 and two jobs in process: Job No. 429 $2,330, and Job No. 430 $1,750. During May, a summary of source documents reveals the following Job Number 429 430 431 General use Materials Requisition Slips $2.790 4080 4,830 $11,700 960 $12,660 Labor Time Tickets $2,100 3.500 8.200 $13.800 1680 $15.480 Stine Company polles manufacturing overhead to jobs at an overhead rate of 64% of direct labor cost. Job No. 429 is completed during the month ta - Your answeris partially correct Prepare summary outletries to record (1) the requisitions, the time, the assignment of mandaluring verado de completion of bedroccounts are comatically indented when our endered MacBook Air %. 5 IN 6 B W E R 0 A S D F H J V Z C V 00 N. M 15 command Comand op your answer is part any correct. Prepare summary journal entries to record (1) the requisition slips, (2) the time tickets, (3) the assignment of manufacturing overhead to jobs, and (4) the completion of Job No. 429. (Credit account titles are automatically Indented when amount is entered Do not Indent manually) Debit Credit No. Date Account Titles and Explanation May Work in Process inventory 31 11700 Manufacturing Overhead 960 Raw Materials Inventory 12660 (2) 31 Work in Process Inventory 13200 Manufacturing Overhead 1680 Factory Labor 15480 131 31 Work in Process Inventory 8832 Manufacturing Overhead 8832 14) 31 Finished Goods inventory Work in Process Inventory Textbook and Media List of Accounts MacBook Air s 4 % 5 6 & 7 8 9 1 0 E R T Y U O D F H L c V B N M Step by Step Solution
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