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Sunland Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarters production. 1. Materials purchased on

Sunland Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarters production.

1. Materials purchased on account $222,720, and factory wages incurred $102,060.
2. Materials requisitioned and factory labor used by job:

Job Number

Materials

Factory Labor

A20

$40,790

$21,600

A21

49,820

25,520

A22

41,840

17,400

A23

45,640

29,000

General factory use

5,200

8,540

$183,290

$102,060

3. Manufacturing overhead costs incurred on account $57,420. (Hint: Use Accounts Payable.)
4. Depreciation on factory equipment $16,860.
5. Depreciation on the companys office building was $16,660.
6. Manufacturing overhead rate is 90% of direct labor cost.
7. Jobs completed during the quarter: A20, A21, and A23.

Prepare a schedule showing the individual cost elements and total cost for each job in item 7.

Job

Direct Materials

Direct Labor

Manufacturing Overhead

Total

A20

$enter a dollar amount

$enter a dollar amount

$enter a dollar amount

$enter a dollar amount

A21

enter a dollar amount

enter a dollar amount

enter a dollar amount

enter a dollar amount

A23

enter a dollar amount

enter a dollar amount

enter a dollar amount

enter a dollar amount

$enter a total amount

Prepare entries to record the operations summarized above. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

No.

Account Titles and Explanation

Debit

Credit

(1)

enter an account title to record materials purchase

enter a debit amount

enter a credit amount

enter an account title to record materials purchase

enter a debit amount

enter a credit amount

(To record materials purchases)

enter an account title to record factory wages

enter a debit amount

enter a credit amount

enter an account title to record factory wages

enter a debit amount

enter a credit amount

(To record factory wages)

(2)

enter an account title to record materials put into production

enter a debit amount

enter a credit amount

enter an account title to record materials put into production

enter a debit amount

enter a credit amount

enter an account title to record materials put into production

enter a debit amount

enter a credit amount

(To record materials put into production)

enter an account title to record labor put into production

enter a debit amount

enter a credit amount

enter an account title to record labor put into production

enter a debit amount

enter a credit amount

enter an account title to record labor put into production

enter a debit amount

enter a credit amount

(To record labor put into production)

(3)

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

(4)

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

(5)

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

(6)

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

(7)

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

ALL THINGS THAT SAY ENTER IS WHAT I NEED thank you

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