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Required information [ The following information applies to the questions displayed below. ] Bergo Bay's accounting system generated the following account balances on December 3
Required information
The following information applies to the questions displayed below.
Bergo Bay's accounting system generated the following account balances on December The company's manager
knows something is wrong with this list of balances because it does not show any balance for Work in Process Inventory,
and the accrued factory payroll Factory Wages Payable has not been recorded.
These six documents must be processed to bring the accounting records up to date.
Materials requisition : $ direct materials to Job
Materials requisition : $ direct materials to Job
Materials requisition : $ indirect materials
Labor time ticket : $ B direct labor to Job
Labor time ticket : $ direct labor to Job
Labor time ticket : $ indirect labor
Jobs and are the only jobs in process at yearend. The predetermined overhead rate is of direct labor cost.
a In Factory Overhead Taccount, enter amounts from part related to factory overhead. Determine the amount of over or
underapplied overhead.
b Prepare the entry to close any over or underapplied overhead to Cost of Goods Sold.
Complete this question by entering your answers in the tabs below.
In Factory Overhead Taccount, enter amounts from part related to factory overhead. Determine the amount of over or
underapplied overhead.
Please answer all parts, thank you!
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