utopuuuu um JUIVITY IUIU LO7 a. P1-10 Job order cost; journal entries; ending work in process; inventory analysis Sultan, Inc. manufactures goods to special order and uses a job order cost system. During its first month of operations, the follow- ing selected transactions took place: Materials purchased on account. $37,000 b. Materials issued to the factory: Job 101. $ 2,200 Job 102 5,700 Job 103 7,100 Job 104.. 1,700 For general use in the factory... 1,350 Factory wages and salaries earned: Job 101 $ 2,700 Job 102. 6,800 Job 103 9,200 Job 104. 2,100 For general work in the factory 2,250 d. Distributed the payroll in (c). $ 2,400 e. Miscellaneous factory overhead costs on account C. erhead transferred d. Jobs completed. e. Jobs sold. PROBLEMS P1-1 2,200 Performance report Prepare a performance report for the dining room of Barbara's Bistro for the month of February 2016, using the following data: Budgeted Data: January February Dining room wages.. $4,300 $4,150 Laundry and housekeeping 1,650 1,500 Utilities .. 2,050 Depreciation 1,500 1,500 Actual Data: January February Dining room wages ........ $4,700 $4,400 Laundry and housekeeping 1,600 1,400 2,350 2,100 Depreciation. 1,500 1,500 Utilities .... P1-2 $ 38 Cost of goods sold-merchandiser and manufacturer The following data were taken from the general ledgers and oth sources of Gamma Manufacturing Inc. and Epsilon Merchandisi Co. on April 30 of the current year: Merchandise inventory, April 1 Finished goods, April 1 67 Purchases... 12 Cost of goods manufactured.. 28 Merchandise inventory, April 30 Finished goods, April 30 Required: 1. Compute the cost of goods sold for Epsilon Merchandisin selecting the appropriate items from the previous list. 2. Compute the cost of goods sold for Gamma Manufa Inc., selecting the appropriate items from the previous utopuuuu um JUIVITY IUIU LO7 a. P1-10 Job order cost; journal entries; ending work in process; inventory analysis Sultan, Inc. manufactures goods to special order and uses a job order cost system. During its first month of operations, the follow- ing selected transactions took place: Materials purchased on account. $37,000 b. Materials issued to the factory: Job 101. $ 2,200 Job 102 5,700 Job 103 7,100 Job 104.. 1,700 For general use in the factory... 1,350 Factory wages and salaries earned: Job 101 $ 2,700 Job 102. 6,800 Job 103 9,200 Job 104. 2,100 For general work in the factory 2,250 d. Distributed the payroll in (c). $ 2,400 e. Miscellaneous factory overhead costs on account C. erhead transferred d. Jobs completed. e. Jobs sold. PROBLEMS P1-1 2,200 Performance report Prepare a performance report for the dining room of Barbara's Bistro for the month of February 2016, using the following data: Budgeted Data: January February Dining room wages.. $4,300 $4,150 Laundry and housekeeping 1,650 1,500 Utilities .. 2,050 Depreciation 1,500 1,500 Actual Data: January February Dining room wages ........ $4,700 $4,400 Laundry and housekeeping 1,600 1,400 2,350 2,100 Depreciation. 1,500 1,500 Utilities .... P1-2 $ 38 Cost of goods sold-merchandiser and manufacturer The following data were taken from the general ledgers and oth sources of Gamma Manufacturing Inc. and Epsilon Merchandisi Co. on April 30 of the current year: Merchandise inventory, April 1 Finished goods, April 1 67 Purchases... 12 Cost of goods manufactured.. 28 Merchandise inventory, April 30 Finished goods, April 30 Required: 1. Compute the cost of goods sold for Epsilon Merchandisin selecting the appropriate items from the previous list. 2. Compute the cost of goods sold for Gamma Manufa Inc., selecting the appropriate items from the previous
