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please in part b use a T-account Prepare journa. manufacturing of January are $76,000. The employer's payroll taxes IUL to be paid by the employer

please in part b use a T-account image text in transcribed
Prepare journa. manufacturing of January are $76,000. The employer's payroll taxes IUL to be paid by the employer on this payroll are $6,000. Of the total accumulated cost of factory is related to direct labor and 15% is attributable to indirect labor. Instructions a. Prepare the entry to record the factory labor costs for the month of January b. Prepare the entry to assign factory labor to production. E15.2 (LO 1, 2, 3, 4), AP Stine Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $3,500 and two jobs in process: Job No. 429 $2,000, and Job No. 430 $1,500. During May, a summary of source documents reveals the following. Materials Labor Job Number Requisition Slips Time Tickets 429 $2,500 $1,900 430 3,500 3,000 431 4,400 $10,400 7,600 $12,500 General use 800 1,200 $11.200 $13,700 Stine Company applies manufacturing overhead to jobs at an overhead rate of 60% of direct labor cost. Job No. 429 is completed during the month. Instructions a. Prepare summary Journal entries to record (1) the requisition slips, (2) the time tickets, (3) the assignment of manufacturing overhead to jobs, and (4) the completion of Job No. 429. b. Post the entries to Work in Process Inventory, and prove the agreement of the control account with the job cost sheets. (Use a T-account.) E15.3 (LO 1, 2, 3, 4), AP A job order cost sheet for Ryan Company is shown below. Analyze a Job costs. entries for manufac Job No. 92 Direct Materials Date For 2,000 Units Manufacturing Overhead Direct Labor Beg bal. Jan. 1 5,000 6,000 4.200

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