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Suzanne Corporation manufactures custom cabinets for kitchens. It uses a normal costing system with two direct cost categories-direct materials and direct manufacturing labor-and one
Suzanne Corporation manufactures custom cabinets for kitchens. It uses a normal costing system with two direct cost categories-direct materials and direct manufacturing labor-and one indirect cost pool, manufacturing overhead costs. It provides the following Information for April 2017. E (Click the icon to view the information for 2017.) The followi E (Click Budgeted manufacturing overhead costs 1,485,000 Read the r Budgeted direct manufacturing labor-hours 33,000 hours Present the journal entry for (a) usage of direct and indirect materials. (Record debits first, then credits. Explanations are Print Done Journal Entry Accounts Debit Credit (a) Data Table Actual direct materials used 40,000 Actual direct manufacturing labor costs paid in cash 55,000 Indirect materials used 3,200 O Requirement Supervision and engineering salaries paid in cash 53,000 Plant utilities and repairs paid in cash 5,000 Plant depreciation 18,000 Present journal entries for (a) usage of direct and indirect materials, (b) manufacturing labor incurred, (c) manufacturing overhead costs incurred, (d) allocation of manufacturing overhead costs to jobs, (e), cost of jobs completed and transferred to finished goods, and (f) cost of goods sold. (Assume the cost allocation base is direct labor hours.) Actual direct manufacturing labor-hours 3,200 Cost of individual jobs completed and transferred to finished goods $ 20,000 Cost of goods sold $ 165,000 Print Done Print Done Choose from any list or er
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