Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

URGENT Entries for Costs in Jib Order Coiteno Hopal Technology Cempany unes job order corting: The following data turmarize the sperations related to production bar

URGENT
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Entries for Costs in Jib Order Coiteno Hopal Technology Cempany unes job order corting: The following data turmarize the sperations related to production bar March: 2. Materiak purchased on account, 3514,850 : b. Heterials requivioned, 1432,470 , of which $56,270 was for penerat fuctory use c. Factor labor ved, 3530,300 , of which 1100,760 was inGrect. d. Ccher costs incured on occount for tactory ovehesd, 1123,560 , selling expenses, 5195.490 j and adininitrative exgecies, 5113,270. 6. Prepaid exponses exsired foc fectory evertead nere 123,6s0; for seling expenset, 526,065 ; and for adminitrabive expenses, $14,420 t. Desrediatige of foctory equipment mas $23,680j of omice equipment, 535,016 , and of ofice buldiag, 368,990 . 3. Factory overiead cests applied to jobs, 1293,460. A. Jobs completed, s679,190. Cost of goods silis, 3659,010 Requlited: b. Materiais requisitiened, $432,470, of which 356,220 was for general factory use: c. Factery laber used, 5530,300 , of which $109,760 was indirecti f. Depreciatee of factery equipment was $23,689; of effice equpment, 535,010; and of olfice bailding, $68,990. a. Farnnr wiarhent chshis apolied to iobs. $293.460. Fadory overhead conta appled to jobi, 1293,460

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Smart Sexy Auditing Clerk

Authors: Funny Career Quotes

1st Edition

B08RRJ97CP, 979-8588903189

More Books

Students also viewed these Accounting questions