Waterways has two major public-park projects to provide with comprehensive irrigation in one of its service locations this month. Job J57 and Job K52 involve 15 acres of landscaped terrain, which will require special-order, sprinkler heads to meet the specifications of the project. Using a job cost system to produce these parts, the following events occurred during December. Raw materials were requisitioned from the company's inventory on December 2 for $5,097; on December 8 for $1,065; and on December 14 for $3,462. In each instance, two-thirds (2/3) of these materials were for J57 and the rest for K52. Six time tickets were turned in for these two projects for a total amount of 18 hours of work. All the workers were paid $15 per hour. The time tickets were dated December 3, December 9, and December 15. On each of those days, 6 labor hours were spent on these jobs, two-thirds (2/3) for J57 and the rest for K52. The predetermined overhead rate is based on machine hours. The expected machine hour use for the year is 2,129 hours, and the anticipated overhead costs are $851,600 for the year. The machines were used by workers on projects K52 and J57 on December 3, 9, and 15. Six machine hours were used for project K52 (2 each day), and 8.5 machine hours were used for project J57 (2.5 the first day and 3 each of the other days). Both of these special orders were completed on December 15, producing 200 sprinkler heads for J57 and 100 sprinkler heads for K52.

Question 2 Waterways has two major public park projects to provide with comprehesive irrigation in one of its service locations this month Job 357 and 200 KS2 involve 15 acres of landscapes terrain, which will require special order, Sprinkler heads to meet the specifications of the project Using a job cost system to produce these parts, the following events occurred during December Raw materials were requisitioned from the company's inventory on December 2 for $5.097; on December 8 for $1,06: and on December 14 for $3,462. In each instance, two-thirds (2/3) of these materials were for 57 and the rest for K52 Six time tickets were turned in for these two projects for a total amount of 18 hours of work. All the workers were paid $55 per hour. The time tickets were dated December 3, December 9, and December 15. On each of those days, 6 labor hours were spent on these jobs, two thirds (2/3) for 57 and the rest for K52. The predetermined overhead rate is based on machine hours. The expected machine hour use for the year is 2.129 hours, and the anticipated overhead costs are $651,600 for the year. The machines were used by workers on projects KS2 and 57 on December 3, 9, and 15. Sex machine hours were used for project 52 (2 each day), and 8.5 machine hours were used for project 17 (2.5 the first cay and 3 each of the other days). Both of these special orders were completed on December 15, producing 200 sprinkler beads for 357 and 100 sprider heads for K52. Additional job order activities during this period included: Dec 1 Purchased raw materials from Durbin Supply Company on account for $53,000 Dec 2 Issued $39,900 of direct materials from the company's inventory to jobs other than 52 and 37 and $2,900 of indirect materials Dec. 12 Paid Waterways' factory salaries and wages for $65,500 Dec. 13 Paid the factory's water bill of $9,000 Dec. 18 Transferred $50,300 of costs from other completed you to finished goods Dec. 21 Paid the factory's electric bill of $11,800 for Waterways' factory Dec 31 Mode adjusting entries forth factory that included accrued property taxes of $11,900, prepaid insurance of $6,900, and accumulated depreciation of $15,900, Set up the job cost sheets for Jon No. 357 and Job No. 652. Determine the total cost for each manufacturing special order for these jobs. (Round unit costs to 2 decimal places, ... 12.25) Job No. 357 Job No. KS2 Total Cost $ 5 Unit Cost 5 HOW LINT OF ACCOUNTS NE Journalize the activities from these jeb cast sheets in the general Journal, Also, youmalize the other costs that occurred during this period. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. Round answers to decimal places. e.o. 5,275.) Date Account Titles and Explanation Debit Credit (Tasign materials to jobs 1574 KS2) 12/2 (Tomers to jobs and overhead Clown bortos 357 652) To go toxos 157 KS) (To assign overhead to jobs J57 & K52) > (To assign labor to jobs 357 & K52) (To assign overhead to jobs 357 & K52) (To record completion of Jobs 357 & K52) (To record completion of jobs 357 & 82) SHOW UNT OF ACCOUNT LINK TO THE 10 TEXT LINK TO TOP LINK TO TY LINK TO TEXT Assuming that Manufacturing Overhead has a debit balance of $3,500, determine whether overhead has been under over applied and make the adjusting entry. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Teles and Explanation Credit Click if you would like to show Work for this question: Con Show Work LINEET LINTORET Question 2 Waterways has two major public park projects to provide with comprehesive irrigation in one of its service locations this month Job 357 and 200 KS2 involve 15 acres of landscapes terrain, which will require special order, Sprinkler heads to meet the specifications of the project Using a job cost system to produce these parts, the following events occurred during December Raw materials were requisitioned from the company's inventory on December 2 for $5.097; on December 8 for $1,06: and on December 14 for $3,462. In each instance, two-thirds (2/3) of these materials were for 57 and the rest for K52 Six time tickets were turned in for these two projects for a total amount of 18 hours of work. All the workers were paid $55 per hour. The time tickets were dated December 3, December 9, and December 15. On each of those days, 6 labor hours were spent on these jobs, two thirds (2/3) for 57 and the rest for K52. The predetermined overhead rate is based on machine hours. The expected machine hour use for the year is 2.129 hours, and the anticipated overhead costs are $651,600 for the year. The machines were used by workers on projects KS2 and 57 on December 3, 9, and 15. Sex machine hours were used for project 52 (2 each day), and 8.5 machine hours were used for project 17 (2.5 the first cay and 3 each of the other days). Both of these special orders were completed on December 15, producing 200 sprinkler beads for 357 and 100 sprider heads for K52. Additional job order activities during this period included: Dec 1 Purchased raw materials from Durbin Supply Company on account for $53,000 Dec 2 Issued $39,900 of direct materials from the company's inventory to jobs other than 52 and 37 and $2,900 of indirect materials Dec. 12 Paid Waterways' factory salaries and wages for $65,500 Dec. 13 Paid the factory's water bill of $9,000 Dec. 18 Transferred $50,300 of costs from other completed you to finished goods Dec. 21 Paid the factory's electric bill of $11,800 for Waterways' factory Dec 31 Mode adjusting entries forth factory that included accrued property taxes of $11,900, prepaid insurance of $6,900, and accumulated depreciation of $15,900, Set up the job cost sheets for Jon No. 357 and Job No. 652. Determine the total cost for each manufacturing special order for these jobs. (Round unit costs to 2 decimal places, ... 12.25) Job No. 357 Job No. KS2 Total Cost $ 5 Unit Cost 5 HOW LINT OF ACCOUNTS NE Journalize the activities from these jeb cast sheets in the general Journal, Also, youmalize the other costs that occurred during this period. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. Round answers to decimal places. e.o. 5,275.) Date Account Titles and Explanation Debit Credit (Tasign materials to jobs 1574 KS2) 12/2 (Tomers to jobs and overhead Clown bortos 357 652) To go toxos 157 KS) (To assign overhead to jobs J57 & K52) > (To assign labor to jobs 357 & K52) (To assign overhead to jobs 357 & K52) (To record completion of Jobs 357 & K52) (To record completion of jobs 357 & 82) SHOW UNT OF ACCOUNT LINK TO THE 10 TEXT LINK TO TOP LINK TO TY LINK TO TEXT Assuming that Manufacturing Overhead has a debit balance of $3,500, determine whether overhead has been under over applied and make the adjusting entry. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Teles and Explanation Credit Click if you would like to show Work for this question: Con Show Work LINEET LINTORET