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plz answer all eBook Hildreth Company uses a job order cost system. The following data summarize the operations related to production for April, the first
plz answer all
eBook Hildreth Company uses a job order cost system. The following data summarize the operations related to production for April, the first month of operations: a. Materials purchased on account, $1,800 b. Materials requisitioned and factory labor used: Job No. 101 102 Materials $2,200 2,680 1,780 6,030 3,830 2,990 103 Factory Labor $2,950 3,980 1,950 7,320 5.550 3.540 4,370 104 105 106 For general factory use 750 Factory overhead costs incurred on account, $4,200 d. Depreciation of machinery and equipment, 52,090, The factory overhead rates $35 per machine hour Machine hours used Job No. Machine Hours 43 101 102 19 37 103 104 71 105 24 106 Total 233 Jobs completed: 101, 102, 103, and 105 Jobs were shipped and customers were bed as follows Job 101, 57.990. Job 102, 58,790; Job 105, 514,570. 1. Journalize the entries to record the summarized operations. For a compound transaction, If an amount box does not require Debit Credit Entries Description a. Materials 3,280 x Accounts Payable 3,280X b. Work in Process Factory Overhead Materials Wages Payable I WII Factory Overhead Accounts Payable d. Factory Overhead Accumulated Depreciation-Machinery and Equipment Work in Process Factory Overhead Finished Goods Work in Process 9. Sale Accounts Receivable Sales 9. Cost Cost of Goods Sold Finished Goods 2. Post the appropriate entries to Taccounts for Work In Process and Finished Goods, using the identifying letters of the end of the month Work in Process (6) e Step by Step Solution
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