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TrTaik rnics for Cu urses/82967/assignments/582588 For the year ended December 31, 2020, the job cost sheets of Cinta Company contained the following data. Job Number
TrTaik rnics for Cu urses/82967/assignments/582588 For the year ended December 31, 2020, the job cost sheets of Cinta Company contained the following data. Job Number Direct Materials Direct Labor Manufacturing Overhead Total Costs Explanation Balance 1/1 Current year's costs Balance 1/1 Current year's costs Current year's costs $29,250 35,100 12,870 50,310 67,860 $ 28,080 42,120 21,060 56,160 64,350 $33,696 50,544 25,272 67,392 77,220 $ 91,026 127,764 59.202 173,862 209.430 7640 7641 7642 Other data: 1. Raw materials inventory totaled $ 17.550 on January 1. During the year, $ 163,800 of raw materials were purchased on account. 2. Finished goods on January 1 consisted of Job No. 7638 for $ 101.790 and Job No. 7639 for $ 107.640. 3. Job No.7640 and Job No. 7641 were completed during the year 4. Job Nos.7638.7639.and 7641 were sold on account for $ 620.100. Manufacturing overhead incurred on account totaled $ 140.400. 6. Other manufacturing overhead consisted of indirect materials $ 16.380, indirect labor $ 21,060, and depreciation on factory machinery $ 9.360. Your answer is correct Prove the agreement of Work in Process inventory with job cost sheets pertaining to unfinished work Post each to the t account inthe follew order: 1l beginning balance, (2) direct materials, (3) direct labor (4) manufacturing overhead) and (s
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