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please show all work Pharoah Manufacturing uses a job order cost accounting system. On April 1, the company has Work in Process Inventory of $
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Pharoah Manufacturing uses a job order cost accounting system. On April 1, the company has Work in Process Inventory of $ 6,830 and twojobs in process: Job No. 221, $3,230, and Job No 222, $3,600. During April, a summary of source documents reports the following For Materials Requisition Slips $ 1,060 Labor Time Tickets $1.880 Job No. 221 222 1,510 1.960 223 2,170 2.620 224 2.330 2.540 General use 530 370 Totals $7,600 $9,370 Pharoah applies manufacturing overhead to jobs at an overhead rate of 70% of direct labor cost. Job No. 221 is completed during the month. (a) Your Answer Correct Answer Your answer is partially correct. Using the grid below. enter the beginning Work in Process Inventory balance, prepare summary entries to record the raw materials requisitioned, factory labor used, the assignment of manufacturing overhead to jobs, and the completion of Job No. 221. (Enter negative amounts using either a negative sign preceding the number eg -45 or parentheses eg (451) Manufacturing Costs Raw Materials Inventory Factory Labor Manufacturing Overhead Beginning balance 700C $ 4781 530 Direct materials Indirect materials Direct labor Indirect labor Assigned overhead Job. No. 221 completion Ending balance eTextbook and Media Solution List of Accounts Attempts: 1 of 1 used (b) Your Answer Correct Answer Your answer is incorrect. Calculate the balance of the Work in Process Inventory account at April 30. Work in Process Inventory account at April 30 $Step by Step Solution
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