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Requirement 1. Assume that a laborer dropped 440 cases. Suppose part of the 440 cases could be sold to a nearby prison for $440 cash.
Requirement 1. Assume that a laborer dropped 440 cases. Suppose part of the 440 cases could be sold to a nearby prison for $440 cash. Prepare a journal entry o record this event. Calculate and explain briefly the unit cost of the remaining 1,760 cases. Prepare a journal entry to record this event. (Abbreviations used: Mfg. = Manufacturing, Pay. = Payable. Record debits first, then credits. Exclude explanations from ny journal entries.) Journal Entry Accounts Debit Credit Calculate and explain briefly the unit cost of the remaining 1,760 cases. The cost, per case, for the remaining cases isCalculate and explain briey the unit cost of the remaining 1,760 cases. The cost, per case, for the remaining cases is The cost of these cases is Requirement 2. Refer to the original data. Tasters at the company reject 440 of the 2,200 cases. The 440 cases are disposed of for $880. Assume that this rejection rate is considered normal. a. Prepare a journal entry to record this event when the rejection is attributable to exacting specifications of this particularjob. (Abbreviations used: Mfg. = Manufacturing, Pay. = Payable. Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry Accounts Debit Credit Calculate the unit cost if the rejection is attributable to exacting specifications of this particular job. (Round the cost to two decimal places.) The unit cost is b. Prepare a journal entry to record this event if the rejection is characteristic of the production process and is not attributable to this specific job. (Abbreviations used: Mfg. = Manufacturing, Pay. = Payable. Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry Accounts Debit Credit Calculate the unit cost if the rejection is characteristic of the production process and is not attributable to this specific job.Calculate the unit cost if the rejection is characteristic of the production process and is not attributable to this specific job. The unit cost is c. Are unit costs the same in requirements 2a and 2b? Explain your reasoning briefly. The unit costs in 2a and 2b are This is because the normal spoilage cost is In 2b, these costs are charged as part of per case, which includes a provision for normal spoilage. Requirement 3. Refer to the original data. Tasters rejected 440 cases that had insufficient salt. The product can be placed in a vat, salt can be added, and the product can be reprocessed into jars. This operation, which is considered normal, will cost $440.Requirement 3. Refer to the original data. Tasters rejected 440 cases that had insufficient salt. The product can be placed in a vat, salt can be added, and the product can be reprocessed into jars. This operation, which is considered normal, will cost $440. . Prepare a journal entry to record this event if this additional cost was incurred because of the exacting specifications of this particular job. (Abbreviations used: Mfg. = Manufacturing, Pay. = Payable. Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry Accounts Debit CreditCalculate the unit cost of all the cases if this additional cost was incurred because of the exacting specifications of this particular job. (Round the cost to two decimal places.) The unit cost is . Prepare a journal entry to record this event if the additional cost occurs regularly because of difficulty in seasoning. (Abbreviations used: Mfg. = Manufacturing, Pay. = Payable. Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry Accounts Debit CreditCalculate the unit cost of all the cases it this additional cost occurs regularly because of difficulty in seasoning. The unit cost is :2. Are unit costs the same in requirements 3a and 3b? Explain your reasoning briefly. The unit costs in 3a and 3b are V This is because the normal rework cost is ' part of V' per case, which includes a provision for normal rework. In 3b, these costs are charged as Bamber Kitchens produces a variety of items in accordance with special job orders from hospitals, plant cafeterias, and university dormitories. An order for 2,200 ca of mixed vegetables costs $9 per case: direct materials, $6; direct manufacturing labor, $2; and manufacturing overhead allocated, $1. The manufacturing overhead rate includes a provision for normal spoilage. Consider each requirement independently. Read the X Requirements 1. Assume that a laborer dropped 440 cases. Suppose part of the 440 cases could be sold to a nearby prison for $440 cash. Prepare a journal entry to record this event. Calculate and explain Calculate briefly the unit cost of the remaining 1,760 cases. 2. Refer to the original data. Tasters at the company reject 440 of the 2,200 cases. The 440 cases are The unit c disposed of for $880. Assume that this rejection rate is considered normal. a. Prepare a journal entry to record this event, and calculate the unit cost if the rejection is c. Are unit attributable to exacting specifications of this particular job. b. Prepare a journal entry to record this event, and calculate the unit cost if the rejection is The unit co characteristic of the production process and is not attributable to this specific job. c. Are unit costs the same in requirements 2a and 2b? Explain your reasoning briefly. This is bed 3. Refer to the original data. Tasters rejected 440 cases that had insufficient salt. The product can be se costs are charged as placed in a vat, salt can be added, and the product can be reprocessed into jars. This operation, part of which is considered normal, will cost $440. a. Prepare a journal entry to record this event, and calculate the unit cost of all the cases if this additional cost was incurred because of the exacting specifications of this particular job. b. Prepare a journal entry to record this event, and calculate the unit cost of all the cases if this Next additional set Assure regularly because of difficulty in cosconing
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