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PLEASE ANSWER CORRECTLY AND IN THE RIGHT FORMAT. Exercise 2-8 Enos Printing Corp. uses a job order cost system. The following data summarize the operations
PLEASE ANSWER CORRECTLY AND IN THE RIGHT FORMAT.
Exercise 2-8 Enos Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter's production 1. Materials purchased on account $193,000, and factory wages incurred $87,800 2. Materials requisitioned and factory labor used by job: Materials Job Number A20 A21 A22 A23 General factory use Factory Labor $36,240 43,920 36,200 40,270 4,570 $161,200 $18,100 22,100 15,100 25,100 7,400 $87,800 3. Manufacturing overhead costs incurred on account 49,600 4. Depreciation on factory equipment $15,550 5. Depreciation on the company's office building was $14,300 6. Manufacturing overhead rate is 80% of direct labor cost. 7. Jobs completed during the quarter: A20, A21, and A23 Prepare entries to record the operations summarized above. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)Step by Step Solution
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