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Question 41 of 43 -/25 View Policies Current Attempt in Progress Job cost sheets for Cullumber Manufacturing are as follows: Job No 210 Quantity 1,500
Question 41 of 43 -/25 View Policies Current Attempt in Progress Job cost sheets for Cullumber Manufacturing are as follows: Job No 210 Quantity 1,500 Manufacturing Overhead Date Direct Materials Direct Labor July 1 7,560 6.720 10,080 8 7,140 10 8,400 15 4,620 25 16,800 Job No 211 Quantity 1,200 Manufacturing Overhead Date Direct Materials Direct Labor July 1 4,200 5,040 7,560 10 7,560 15 6,720 20 5,880 27 10.080 What was the balance in Work in Process Inventory on July 1 if these were the only unfinished jobs? Balance in Work in Process Inventory $ Question 41 of 43 > - - /25 What was the balance in Work in Process Inventory on July 1 if these were the only unfinished jobs? Balance in Work in Process Inventory $ What was the predetermined overhead rate in June if overhead was applied on the basis of direct labor cost? Predetermined overhead rate If July is the start of a new fiscal year and the overhead rate is 20% higher than in the preceding year, how much overhead should be applied to Job 210 in July? Overhead applied in July $ Assuming Job 210 is complete, what is the total and unit cost of the job? (Round unit cost answer to 2 decimal places, eg. 52.75.) Total cost $ Unit cost $ Question 41 of 43 - -/25 ili Assuming Job 211 is the only unfinished job at July 31, what is the balance in Work in Process Inventory on this date? Balance in Work in Process Inventory $ Journalize the summary entries to record the assignment of costs to the jobs in July. (Note: Make one entry in total for each manufacturing cost element.) (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Account Titles and Explanation Debit Credit (To assign materials to jobs) (To assign labor to jobs) (To assign overhead to jobs) Save for Later Attempts: 0 of 1 used Submit
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