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Please Answer ASAP, fast answer = upvote Please clearly Answer in the same format above. Toronto Inc. has accumulated the following costs for job 45-TF
Please Answer ASAP, fast answer = upvote
Please clearly Answer in the same format above.
Toronto Inc. has accumulated the following costs for job 45-TF at June 1. Direct materials Direct labour ($15 per hr) Manufacturing overhead $26,870 6,150 4,305 The company uses normal costing system and applies manufacturing overhead on the basis of direct labour costs. During June the company completed the job 45-TF by adding $4,550 for direct material and 400 direct labour hours. (a) Prepare the proper entry to record the manufacturing costs for job 45 FT during the month of June. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation June. 30 30 30 Save for Later Attempts: 0 of 1 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above. Prepare the proper entry to record to transfer costs of job 45-TF from the work in process to finished goods. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit June 30
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