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Week 4: Chapter 16 Homework EX 16 16 ALGO EX 16.07 ALGO EX 16.10 ALGO EX 16.13 ALGO EX-16-02 EXCEL ALGO TMM.16.01 EX 16.04 BLANKSHEETAL
Week 4: Chapter 16 Homework EX 16 16 ALGO EX 16.07 ALGO EX 16.10 ALGO EX 16.13 ALGO EX-16-02 EXCEL ALGO TMM.16.01 EX 16.04 BLANKSHEETAL eBook Entries for Factory Costs and Jobs Completed. Collegiate Publishing Inc. began printing operations on March 1. Jobs 301 and 302 were completed during the month, and all costs applicable to them were recorded on the related cost sheets. Jobs 303 and 304 are still in process at the end of the month, and all applicable costs except factory siverhead have been recorded on the related cost sheets. In addition to the materials and labor charged directly to the jobs, $2,220 of indirect materials and $26,920 of indirect labor were used during the month. The cost sheets for the four jobs entering production during the month are as follows in summary form: Job 301 Job 302 Direct materials $23,020 Direct materials $10,760 Direct labor 8,000 Direct labor 4,600 Factory overhead 4,640 Factory overhead 2,530 Total $36,660 Total $17,890 Job 303 Job 304 Direct materials $29,420 Direct materials $6,630 Direct labor 9.800 Direct labor 1,300 Factory overhead Factory overhead Journalize the summary entry to record each of the following operations for March (one entry for each operation) a. Direct and indirect materials used. If an amount box does not require an entry, leave it blank Check My Work Progress: 4/7 items. BIF Sunny a Previcius Next AGOD eBook Journalize the summary entry to record each of the following operations for March (one entry for each operation): GO a. Direct and indirect materials used. If an amount box does not require an entry, leave it blank CO 0 O ELALGO b. Direct and indirect labor used. If an amount box does not require an entry, leave it blank KSHEETAL c. Factory overhead applied to all four jobs (a single overhead rate is used based on direct labor cost). If an amount box does not require an entry, leave it blank. 88 d. Completion of Jobs 301 and 302. If an amount box does not require an entry, leave it blank Check My Work s Previous Next>
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