Review the definitions of items that are included in factory overhead for the computation of estimated total factory overhead costs.

Materials Requisition			Date: Dec. 10
Req. No. 12255	Job No. 83
Description	Qty. Issued	Unit Price	Amount
Yarn type B	600 skeins	$5	$3,000
		Total issued	$3,000

Time Ticket	No. 1255	Name:	Susan Blake
Work Description:	Knitting/piecing
Dates	Job No.	Hours Worked	Unit Price	Amount
12/01-12/15	62	65	$20	$1,300
12/16-12/31	83	103	20	2,060
			Total Cost	$3,360

Time Ticket	No. 2274	Name:	Josh Porter
Work Description:	Knitting/piecing
Dates	Job No.	Hours Worked	Unit Price	Amount
12/01-12/15	62	75	$20	$1,500
12/16-12/31	83	88	20	1,760
			Total Cost	$3,260

Time Ticket	No. 3923	Name:	Mary Jones
Work Description:	Knitting/piecing
Dates	Job No.	Hours Worked	Unit Price	Amount
12/01-12/15	62	60	$20	$1,200
12/16-12/31	83	109	20	2,180
			Total Cost	$3,380

Job Cost Sheets

On December 10, POGP Company receives an order for 200 sweater vests and assigns Job 83 to the order. Review the Materials Requisition table to add the materials to the Job Cost Sheet for Job 83.

On December 15, review the Time Ticket tables to add the appropriate amount of direct labor and factory overhead costs to the Job Cost Sheet for Job 62 for the period December 1 through December 15.

On December 31, the last work day of the year for the knitters, review Time Ticket tables to add the appropriate amount of direct labor and factory overhead costs to the Job Cost Sheet for Job 83 for the period December 16 through December 31.

If there is no amount or an amount is zero, enter "0". If required, round your answers to the nearest cent.

Job 62	100 units:	Sweaters
	Direct Materials	Direct Labor	Factory Overhead	Total
Balance Dec. 1	$5,000	$300	$104	$5,404
Dec. 15	fill in the blank 16b5e1014fdefc1_1	fill in the blank 16b5e1014fdefc1_2	fill in the blank 16b5e1014fdefc1_3	fill in the blank 16b5e1014fdefc1_4
Total Cost	$fill in the blank 16b5e1014fdefc1_5	$fill in the blank 16b5e1014fdefc1_6	$fill in the blank 16b5e1014fdefc1_7	$fill in the blank 16b5e1014fdefc1_8
			Unit Cost	$fill in the blank 16b5e1014fdefc1_9

Job 83	200 units:	Sweater vests
	Direct Materials	Direct Labor	Factory Overhead	Total Job Cost
Balance Dec. 1	$0	$0	$0	$0
Dec. 10	fill in the blank 16b5e1014fdefc1_10	fill in the blank 16b5e1014fdefc1_11	fill in the blank 16b5e1014fdefc1_12	fill in the blank 16b5e1014fdefc1_13
Dec. 31	fill in the blank 16b5e1014fdefc1_14	fill in the blank 16b5e1014fdefc1_15	fill in the blank 16b5e1014fdefc1_16	fill in the blank 16b5e1014fdefc1_17
Total Cost	$fill in the blank 16b5e1014fdefc1_18	$fill in the blank 16b5e1014fdefc1_19	$fill in the blank 16b5e1014fdefc1_20	$fill in the blank 16b5e1014fdefc1_21

Journal

On December 10, POGP Company receives an order for 200 sweater vests and assigns Job 83 to the order. Review the Materials Requisition table to journalize the entry to record the addition of the materials to Work in Process. If an amount box does not require an entry, leave it blank.

Dec. 10		fill in the blank 1446c7faa07cfbd_2	fill in the blank 1446c7faa07cfbd_3
		fill in the blank 1446c7faa07cfbd_5	fill in the blank 1446c7faa07cfbd_6

On December 15, review the Time Ticket tables to journalize the entry to record the addition of direct labor to Work in Process for the period December 1 through December 15. If an amount box does not require an entry, leave it blank.

Dec. 15		fill in the blank a0887f06efd8fb2_2	fill in the blank a0887f06efd8fb2_3
		fill in the blank a0887f06efd8fb2_5	fill in the blank a0887f06efd8fb2_6

On December 15, review the Time Ticket tables to journalize the entry to record the addition of factory overhead to Work in Process for the period December 1 through December 15. If an amount box does not require an entry, leave it blank.

Dec. 15		fill in the blank 1b9a9906605a03e_2	fill in the blank 1b9a9906605a03e_3
		fill in the blank 1b9a9906605a03e_5	fill in the blank 1b9a9906605a03e_6

On December 21, Job 62 is completed. Review the Job Cost Sheets and your journal entries. Journalize the entry to move the associated costs to the finished goods account. If an amount box does not require an entry, leave it blank.

Dec. 21		fill in the blank 252b7cfb101c04f_2	fill in the blank 252b7cfb101c04f_3
		fill in the blank 252b7cfb101c04f_5	fill in the blank 252b7cfb101c04f_6

On December 22, 75 of the 100 sweaters from Job 62 are sold on account for $125 each. Journalize the following transactions:

a. The entry to record the sale.

b. The entry to record the transfer of costs from Finished Goods to Cost of Goods Sold.

If an amount box does not require an entry, leave it blank.

Dec. 22		fill in the blank 6808cd05e07502e_2	fill in the blank 6808cd05e07502e_3
		fill in the blank 6808cd05e07502e_5	fill in the blank 6808cd05e07502e_6
Dec. 22		fill in the blank 6808cd05e07502e_8	fill in the blank 6808cd05e07502e_9
		fill in the blank 6808cd05e07502e_11	fill in the blank 6808cd05e07502e_12

On December 31, the last work day of the year for the knitters, review the Time Ticket tables to journalize the entry to record the addition of direct labor to Work in Process for the period December 16 through December 31. If an amount box does not require an entry, leave it blank.

Dec. 31		fill in the blank 5e0e08f4f008fb1_2	fill in the blank 5e0e08f4f008fb1_3
		fill in the blank 5e0e08f4f008fb1_5	fill in the blank 5e0e08f4f008fb1_

On December 31, the last work day of the year for the knitters, review the Time Ticket tables to journalize the entry to record the addition of factory overhead to Work in Process for the period December 16 through December 31. If an amount box does not require an entry, leave it blank.

Dec. 31		fill in the blank 556d1bf91036048_2	fill in the blank 556d1bf91036048_3
		fill in the blank 556d1bf91036048_5	fill in the blank 556d1bf91036048_6

On December 31, journalize the following transactions. Note that expenses (b), (c), and (d) were paid in cash.

a. One months depreciation on equipment

b. One months payroll for all employees

c. One months rent of $1,000

d. One months factory utilities of $1,275

If an amount box does not require an entry, leave it blank.

Dec. 31		fill in the blank 210a6a03ef98ffd_2	fill in the blank 210a6a03ef98ffd_3
		fill in the blank 210a6a03ef98ffd_5	fill in the blank 210a6a03ef98ffd_6
		fill in the blank 210a6a03ef98ffd_8	fill in the blank 210a6a03ef98ffd_9
		fill in the blank 210a6a03ef98ffd_11	fill in the blank 210a6a03ef98ffd_12
		fill in the blank 210a6a03ef98ffd_14	fill in the blank 210a6a03ef98ffd_15

On December 31, prepare the journal entry to dispose of the balance in the factory overhead account. If an amount box does not require an entry, leave it blank.

Dec. 31		fill in the blank 6494ab017072fde_2	fill in the blank 6494ab017072fde_3
		fill in the blank 6494ab017072fde_5	fill in the blank 6494ab017072fde_6

Final Question

What are the balances in the following accounts as of December 31? If an amount is zero, enter "0".

Materials	$fill in the blank c0a33a03a016fdc_1
Work in Process	$fill in the blank c0a33a03a016fdc_2
Finished Goods	$fill in the blank c0a33a03a016fdc_3
Factory Overhead	$fill in the blank c0a33a03a016fdc_4
Cost of Goods Sold	$fill in the blank c0a33a03a016fdc_5