question 19-12

obs finished during January are summarized as follows: Chapter 19 Job Order Costing 953 Job 210 $200,000 o Job 216 Job 224 288,000 Job 230 225,000 436,800 Journalize the entry to record the jobs completed. Determine the cost of the unfinished jobs at January 31 x 19-12 Entries for factory costs and jobs completed Id School Publishing Inc. began printing operations on January 1. Jobs ere completed during the month, and all costs applicable to them lated OBJ. 2 Jobs 301 and 302 were recorded on the cost sheets. Jobs 303 and 304 are still in process at the end of the month, and all pplicable costs except factory overhead have been recorded on the related cost sheets. addition to the materials and labor charged directly to the jobs, $8,000 of indirect aterials and $12,400 of indirect labor were used during the month. The cost sheets for e four jobs entering production during the month are as follows, in summary form: Job 301 Job 302 $10000 Direct materials Direct materials Direct labor Factory overhead Total $20,000 17,000 12,750 $49,750 Direct labor 8,000 6,000 $24,000 Factory overhead Total Job 303 Job 304 $14,000 12,000 Direct materials Direct labor Factory overhead $24,000 18,000 Direct materials Direct labor Factory overhead rnalize the summary entry to record each of the following operations for January (one ry for each operation): Direct and indirect materials used Direct and indirect labor used Factory overhead applied to all four jobs (a single overhead rate is used based on direct labor cost) Completion of Jobs 301 and 302 OBJ. 2 9-13 Financial statements of a manufacturing firm following events took place for tions as a Focault Inc. during July 20Y2, the first month of ucer of road bikes