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please answer all requirements and follow any rounding or whole number instructions Antler Corporation manufactures a sophisticated controller that is compatible with a variety of
please answer all requirements and follow any rounding or whole number instructions
Antler Corporation manufactures a sophisticated controller that is compatible with a variety of gaming consoles. Click the icon to view manufacturing and rework information) In August 2020, Antler manufactured 1.600 controllers, 78 of which required rework. Of these 78 controliers, 60 were considered normal rework common to all jobs and the other 18 were considered abnormal rework. Read the requirements Requirement a. Prepare journal entries to record the accounting for both the normal and abnormal rework. (Record debits first, then credits. Exclude explanations from any journal entries.) Begin by preparing the journal entry for the normal reworked units. Journal Entry Accounts Debit Credit More info Excluding rework costs, the cost of manufacturing one controller is $290. This consists of $178 in direct materials, $28 in direct manufacturing labor, and $84 in manufacturing overhead. Maintaining a reputation for quality is critical to Antler. Any defective units identified at the inspection point are sent back for rework. It costs Antler $68 to rework each defective controller, including $24 in direct materials, S16 in direct manufacturing labor, and $28 in manufacturing overhead Antler Corporation manufactures a sophisticated controller that is compatible with a variety of gaming consoles. (Click the icon to view manufacturing and rework information) In August 2020, Antler manufactured 1,600 controllers, 78 of which required rework. Of these 78 controliers, 60 were considered normal rework common to all jobs and the other 18 were considered abnormal rework. Read the requirements Requirement a. Prepare journal entries to record the accounting for both the normal and abnormal rework. (Record debits first, then credits. Exclude explanations from any journal entries.) Begin by preparing the journal entry for the normal reworked units. Journal Entry Accounts Debit Credit - Requirements a. Prepare journal entries to record the accounting for both the normal and abnormal rework Step by Step Solution
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