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this is all the information provided please solve as shown. ACC-212, Project 2 - Job Order Costing Stinson received two orders 10 and 11) to
this is all the information provided please solve as shown.
ACC-212, Project 2 - Job Order Costing Stinson received two orders 10 and 11) to create an each STEPI STEP STEP STEP STEPS Total Points ob 11 Manufacturing Costs Raw Materials Purchased Factory Labor Costs $ 55.000 Wages Payable Payroll Taxes Payable in February 50,000 40,000 Manufacturing Overhead Utilities 10.000 Property Taxes Payable 5,800 Work In Process Transfer lob 10 Direct Materials $ 25.000 5 20.000 Indirect Materials 5.000 Direct Labor 5.000 40.000 35.000 Indirect labor 10,000 5.000 STEP 1 Accumulating Manufacturing Costs Excel Functions: SUM: Cell Referencing Below are transactions related to the manufacturing costs for the twojob. Journalize the entries for each type of Manufacturing Cost In the Debit and credit field link to the values above and use formulat es necessary 1 on January 4. Stinson purchased 555.000 in raw materials on account 2 on January 3 Stinson incurs $90.000 of factory labor costs $50.00 relates to wages payable and 540.000 relates to payroll as payable in February 3. On January 31, Stinson estimates having 515.800 in manufacturing overhead, of which 10.000 stiltes and 53.000 is for property taxes syable Student Work Area Required: Provide input into cell thaded in yelow in this template. Une cell references to the Problem area for amounts for Description Date Credit Purchase Raw Materials Cell Reference rence Factory Labor an Sumar Call Reference Manufacturing Overhead Jan 11 STEP 2: Calculate the Pre-Determined Overhead Rate Total tits and Credits Calence som Excel Functions Formula Calculate the predetermined Overhead Rate for the information below Stinson uses direct labor costs to calculate the deed Overhead te Estimated Annual Overhead Costs Expected Direct Labor Cost 100,000 Student Work Area Required. Provide input into call thediyelwithmet themeForm Predetermined Overhead Rate STEP 2 Acumulating Manufacturing Costs Exel Function Forms Call Reference Below are transactions related to the mungots for the web Journalive the entries for each type of Manufacturing out the Debt and to the body 1. Stinsones $45.000 of direct materials and $10.000 of indirect matrasonry 2. Per the time tickets for the job. 57.000 is related to direct labor and $15.000 to direct labor 3. Using the Predstamined Overhead Rute calculated in Part 2 ore the entry fool Manufacturing Overhead to the St Work Area Required Provide input into cells shaded in yellow in the template free to the Probleme for Description Date Asien Raw Materials to w AD Add sum ad Ansign Factory Labor to WP Ade adu um opy Manufacturing Cented to Call Tota Dubitanti STEP Acting Manufacturing Costs Decel und Formula Cellerang Student Work Ares Required Providers into ces shameles cerference to the room. Foramento Com the theatryk 1 200M + Apply Manufacturing Overhead to WIP Jan 31 Multi Call Reference Total Debits and Credits STEP 2: Accumulating Manufacturing Costs Sum Sum Excel Functions: Formulas; Cell Referencing Student Work Area Required: Provide input into cells shaded in yellow in this template. Use cell references to the Problem area For mounts not Complete the Job Cort Sheet for lob 10 Job Cost Sheet Job No. ob 10 Quantity Item C Dute Requested 1.92023 For Mr Sent Date Completed Date Direct Materials Direct Labor Manufacturing whead 31. Call Reference Total Cost of Completed lob Direct Materials Direct Labor Cele Manufacturin Orehead Total Cost Unit Costum/21 WS STEPS 3 and Transfer of Completed Goodstonished Goods Inventory and Recording of the Sale Function: SUM; Cell Referencing Using Excel to Record Jobs Order Costing Entries SE PROBLEM Required. Provide into a shade in January. Stinson Company completes Jobs 10 and 11. Onuary 31, the company sold lab 10 to the customer for cath information concerning the the Problem for mounts not give Sales price of lob 10 300.000 Journaliste the entries for the completion Completion of be Tan? Recognition of revenue andre ACC-212, Project 2 - Job Order Costing Stinson received two orders 10 and 11) to create an each STEPI STEP STEP STEP STEPS Total Points ob 11 Manufacturing Costs Raw Materials Purchased Factory Labor Costs $ 55.000 Wages Payable Payroll Taxes Payable in February 50,000 40,000 Manufacturing Overhead Utilities 10.000 Property Taxes Payable 5,800 Work In Process Transfer lob 10 Direct Materials $ 25.000 5 20.000 Indirect Materials 5.000 Direct Labor 5.000 40.000 35.000 Indirect labor 10,000 5.000 STEP 1 Accumulating Manufacturing Costs Excel Functions: SUM: Cell Referencing Below are transactions related to the manufacturing costs for the twojob. Journalize the entries for each type of Manufacturing Cost In the Debit and credit field link to the values above and use formulat es necessary 1 on January 4. Stinson purchased 555.000 in raw materials on account 2 on January 3 Stinson incurs $90.000 of factory labor costs $50.00 relates to wages payable and 540.000 relates to payroll as payable in February 3. On January 31, Stinson estimates having 515.800 in manufacturing overhead, of which 10.000 stiltes and 53.000 is for property taxes syable Student Work Area Required: Provide input into cell thaded in yelow in this template. Une cell references to the Problem area for amounts for Description Date Credit Purchase Raw Materials Cell Reference rence Factory Labor an Sumar Call Reference Manufacturing Overhead Jan 11 STEP 2: Calculate the Pre-Determined Overhead Rate Total tits and Credits Calence som Excel Functions Formula Calculate the predetermined Overhead Rate for the information below Stinson uses direct labor costs to calculate the deed Overhead te Estimated Annual Overhead Costs Expected Direct Labor Cost 100,000 Student Work Area Required. Provide input into call thediyelwithmet themeForm Predetermined Overhead Rate STEP 2 Acumulating Manufacturing Costs Exel Function Forms Call Reference Below are transactions related to the mungots for the web Journalive the entries for each type of Manufacturing out the Debt and to the body 1. Stinsones $45.000 of direct materials and $10.000 of indirect matrasonry 2. Per the time tickets for the job. 57.000 is related to direct labor and $15.000 to direct labor 3. Using the Predstamined Overhead Rute calculated in Part 2 ore the entry fool Manufacturing Overhead to the St Work Area Required Provide input into cells shaded in yellow in the template free to the Probleme for Description Date Asien Raw Materials to w AD Add sum ad Ansign Factory Labor to WP Ade adu um opy Manufacturing Cented to Call Tota Dubitanti STEP Acting Manufacturing Costs Decel und Formula Cellerang Student Work Ares Required Providers into ces shameles cerference to the room. Foramento Com the theatryk 1 200M + Apply Manufacturing Overhead to WIP Jan 31 Multi Call Reference Total Debits and Credits STEP 2: Accumulating Manufacturing Costs Sum Sum Excel Functions: Formulas; Cell Referencing Student Work Area Required: Provide input into cells shaded in yellow in this template. Use cell references to the Problem area For mounts not Complete the Job Cort Sheet for lob 10 Job Cost Sheet Job No. ob 10 Quantity Item C Dute Requested 1.92023 For Mr Sent Date Completed Date Direct Materials Direct Labor Manufacturing whead 31. Call Reference Total Cost of Completed lob Direct Materials Direct Labor Cele Manufacturin Orehead Total Cost Unit Costum/21 WS STEPS 3 and Transfer of Completed Goodstonished Goods Inventory and Recording of the Sale Function: SUM; Cell Referencing Using Excel to Record Jobs Order Costing Entries SE PROBLEM Required. Provide into a shade in January. Stinson Company completes Jobs 10 and 11. Onuary 31, the company sold lab 10 to the customer for cath information concerning the the Problem for mounts not give Sales price of lob 10 300.000 Journaliste the entries for the completion Completion of be Tan? Recognition of revenue andre Step by Step Solution
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