Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please help anyone ... The opening balance sheet of PT.Twinkel on September, 1 2017 as follow: Cash Account Receivables Finished Goods Work-In Process Material Machines

image text in transcribed

image text in transcribed

please help anyone ...

The opening balance sheet of PT.Twinkel on September, 1 2017 as follow: Cash Account Receivables Finished Goods Work-In Process Material Machines Accumulated Depreciation on Machines Account Payable Notes Payable Common Stocks Retained Earnings IDR 70.000.000 65.000.000 30.500.000 12.600.000 27.000.000 60.800.000 15.000.000 24.500.000 40.000.000 105.000.000 Detailed Inventory Finished Good of Job A21 30.500.000 Job A22 Work-In Process Direct Material : 600 units x @ IDR 7.000 : 300 units x IDR 3.750 : 60 hours x @IDR 50.000 :30 hours x @IDR 60.000 IDR 27.500 pesr DLH 4.200.000 1.125.000 Direct Labor 3.000.000 1.800.000 825.000 3.750.00 0 1.650.000 8.850.00 Applied FOH rate During September, the following transactions were completed a. Material purchases on credit on the amnout of IDR 150.000.000,-, downpayment 30%. b. Accrued Payroll was IDR 119.000.000 c. Payroll was distributed as follows :direct labour for Job A21, 250 hours @ IDR 90.000, Job A22, 400 hours @ IDR 100.000, and Job A23, 300 hoursIDR 70.000,-, inidirect labor IDR 15.000.000,-and Marketing and Administration Salary, IDR 20.500.000 d. Materials were issued as follows: Job A21, IDR 56.000.000,; Job A22, IDR 44.000.000,-; Job e. Factory overhead was applied to Job A21, Job A22 and Job A23 at rate IDR 5.000,- per direct f. At the end of the process, the 2.000 units of Job A21 were inspected. Inspection revealed A23, IDR 16.500.000,-;and indirect material costing IDR 8.250.000,- labor hour. that, 150 had defects and required to correct each defective unit. The rework costs were as follow: direct material IDR 5.000 per unit, and x hour of labor per unit and overhead cost at rate 150% of direct labour cost. The opening balance sheet of PT.Twinkel on September, 1 2017 as follow: Cash Account Receivables Finished Goods Work-In Process Material Machines Accumulated Depreciation on Machines Account Payable Notes Payable Common Stocks Retained Earnings IDR 70.000.000 65.000.000 30.500.000 12.600.000 27.000.000 60.800.000 15.000.000 24.500.000 40.000.000 105.000.000 Detailed Inventory Finished Good of Job A21 30.500.000 Job A22 Work-In Process Direct Material : 600 units x @ IDR 7.000 : 300 units x IDR 3.750 : 60 hours x @IDR 50.000 :30 hours x @IDR 60.000 IDR 27.500 pesr DLH 4.200.000 1.125.000 Direct Labor 3.000.000 1.800.000 825.000 3.750.00 0 1.650.000 8.850.00 Applied FOH rate During September, the following transactions were completed a. Material purchases on credit on the amnout of IDR 150.000.000,-, downpayment 30%. b. Accrued Payroll was IDR 119.000.000 c. Payroll was distributed as follows :direct labour for Job A21, 250 hours @ IDR 90.000, Job A22, 400 hours @ IDR 100.000, and Job A23, 300 hoursIDR 70.000,-, inidirect labor IDR 15.000.000,-and Marketing and Administration Salary, IDR 20.500.000 d. Materials were issued as follows: Job A21, IDR 56.000.000,; Job A22, IDR 44.000.000,-; Job e. Factory overhead was applied to Job A21, Job A22 and Job A23 at rate IDR 5.000,- per direct f. At the end of the process, the 2.000 units of Job A21 were inspected. Inspection revealed A23, IDR 16.500.000,-;and indirect material costing IDR 8.250.000,- labor hour. that, 150 had defects and required to correct each defective unit. The rework costs were as follow: direct material IDR 5.000 per unit, and x hour of labor per unit and overhead cost at rate 150% of direct labour cost

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Applications Of Statistical Sampling To Auditing

Authors: Alvin A. Arens, James K. Loebbecke

1st Edition

0130391565, 978-0130391568

More Books

Students also viewed these Accounting questions

Question

What is the cause of this situation?

Answered: 1 week ago

Question

What is the significance or importance of the situation?

Answered: 1 week ago