Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please helpp Deweynie Compeny designs landscape plans and plants the material for clients. On April 1 , there were three jobs in process, Jobs 39,40
please helpp
Deweynie Compeny designs landscape plans and plants the material for clients. On April 1 , there were three jobs in process, Jobs 39,40 , and 41 . During April, two more jobs tisrtes Jobs 42 and 43 By Apri 30, Jobs 40, 41, and 43 were completed and sold. The following data were gathered: Overhead is applied at the rate of 110% of direct labor cost. Jobs are sold at cost plus 30%. Selling and administrative expenses for April totaled $4,575. (Round all amounhe is nearest doliar. Required: 1. Prepare job-order cost sheets for each job as of April 30. 2. Calculate the ending balance in Work in Process (as of April 30) and Cost of Goods Sold for April. 3. Construchan income statement for Duweynie Company for the month of April. Instructions Income Statement Duweynie Company Income Statement For the Month Ended April 30 \begin{tabular}{|l|l|l|l|} \hline 1 & & \\ \hline 3 & (Label) & & \\ \hline 5 & & \\ \hline 6 & \\ \hline \end{tabular} Deweynie Compeny designs landscape plans and plants the material for clients. On April 1 , there were three jobs in process, Jobs 39,40 , and 41 . During April, two more jobs tisrtes Jobs 42 and 43 By Apri 30, Jobs 40, 41, and 43 were completed and sold. The following data were gathered: Overhead is applied at the rate of 110% of direct labor cost. Jobs are sold at cost plus 30%. Selling and administrative expenses for April totaled $4,575. (Round all amounhe is nearest doliar. Required: 1. Prepare job-order cost sheets for each job as of April 30. 2. Calculate the ending balance in Work in Process (as of April 30) and Cost of Goods Sold for April. 3. Construchan income statement for Duweynie Company for the month of April. Instructions Income Statement Duweynie Company Income Statement For the Month Ended April 30 \begin{tabular}{|l|l|l|l|} \hline 1 & & \\ \hline 3 & (Label) & & \\ \hline 5 & & \\ \hline 6 & \\ \hline \end{tabular}Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started