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You work for Thunderduck Custom Tables This is the front of operation. The commandes manufacture two new tables for customers. You wil design and build

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You work for Thunderduck Custom Tables This is the front of operation. The commandes manufacture two new tables for customers. You wil design and build etables. This manufacturing in indre materials weds. You will be the sake of the curred to sing Job Coat Sheet and Job Cent Sheet The cost of the direct mater that can be used to manufacture the flow these Table Top 2.400.00 DO The company uses a border costing system and applies manufacturing overhead to jos bendror hours The company times that there will be director hours worked the month The estimated manufacturing overhead cost for the months Factory supervisor salary per month 5450000 Rent for the factory per month SODO Depreciation of factory equipment per month 500.00 Total Estimated manufacturing what 16,000.00 What is the predetermined manufacturing and rate! The first order you received as to manufacture a table nung title top and Surg. That you The customer that has ordered 12. wants a table that the same aso1. but wants to the title The following is stof carbons that need to be recorded for the company foreca those in the General Journal of the celesing the proper format. Phong Receivables Row material Work in process, Finished good Actuated deprecautions prad Wages payable Sales revenue, Mandatangad. Constelladolid Solaries and agencement Depreciation expense Raw Materials purchased on account. 124.000 All Raw Material de fer job at were used from the merge for securing materials are direct her you may please enter the information Core Set The following employees were incorred butted during the There are three sembly employees that spend 2 hours each 130 per how to make the rear you Journal this entry please enter the information In Cost Sheet Salary for superior of the factory 5.000 Aditive Salary S7.000 Ni Raw Materials needed for job were required from the material storage for meg mare direct. Alter you journal artyploiementer the information 2 tent for the month of December for the factory building incurred but po 100 Advertising costs incurred but not paid for the maths 31,600 Deprecation for the month of December was recorded on 1750 150 for other and remainde forquemented in seling and me Manufacturing overhead con un applied based on a labor hown to based on the Cost Sheet her you journalize this entry please enter the information intojot job was completed and transferred to Frihed Good caring the month. The completed ble from was sold on to the customer for 2.000 de account for the cost of the table that was on the cost from the cont heet Direct labor concurred in paid for them to start marface Themen worden how each three hours tot 190 per hour during the month and they did not complete there you Duales y enter the information 2 Con Manufacturing the cost as applied based on dira berhaus muy boned on the Cry hours were worked on 12 during the month her you journalistlase enter the cost Sheet Any under led or over verhead for the month word of Goods Pout the journalist you recorded on the Generala to the chos month of business so there will be any begining balances. Comoure the balance forced been Prepare a Schedule of Cost of Goods Manufactured and a Schedule of Cost of Goods Soldante de a comand COGS tab for job and that were worked on during the oth by the company, Slow the forma noted in your book 87. Hint: This is the company's first month of operation and therefore the beginning wil be de Prepare an income Statement for the month on the Traditional Formato come Answer the additional to bolom Manufacturing overhead cost was applied based on direct labor hours to job #2 based on the POHR. Only three direct labor hours were worked on job #2 during the month. After you joumalize this entry please enter the information intojo 2 Cost Sheet) Any underapplied or everapplied overhead for the month was closed out to cost of Goods Sold. Post the journal entries that you recorded on the General Journar tab to the accounts. This is the company's first month of business, so there will not be any beginning balances Compute the balance for each T-accountants of the entries have been posted Prepare a Schedule of Cost of Goods Manufactured and a Schedule of Cost of Goods Sold on the schedule of COGM and COGS" tab for job 11 and Job 2 that were worked on during the month by the company. Make sure to follow the format noted in your book pg. 87). (Hint: This is the company's first month of operations and therefore the beginning balances will bezero Prepare an Income Statement for the month usine the Traditional Format on the income Statement tab Answer the additional questions below Check Figure: Cost of Goods Manufactured = 58.980, Net operating income-514.270 What is the ending balance for raw materials? What is the ending balance for work in process? What the ending balance for finished goods2 What is the actual manufacturing overhead cost incurred during December before adjustment? What is the total applied manufacturing overhead cost during December before adjustment? What is the unadjusted cost of goods sold? Was the martifacturing overtiead for the month of December overappliedsunderapplied ? What is the amount of Manufacturing overhead overappled underappled? What is the adjusted cost of goods sold? What is ross margin What is the total primer cost for job#17 What is the total conversion cost for job #1? What is the total product cost for jobet? What was the period cost incurred for the month of December? What's the total variable cost incurred for job assume that all selling and administrative cost and all manufacturing overhead costs are fixed What the contribution margin for Job at assume that all selling and administrative cost and all manufacturing overhead cases are fed What would be the actual (not applied totalfred manufacturing overhead cost incurred for the company for the month of the order in job is for five tables instead of one table assuming this cost is within the relevant range? General Journal T-accounts (General Ledger) Job #1 Cost Sheet Job #2 Cost Sheet Schedule of CC Di Job Cost pret Job Number Room Date Initiated Date completed Direct Material Amon Direct Labor Rand Manufacturing Overhead Amount Hours Amount Hours Rate Cost Summary Direct Materials Direct Labor Manufacturing Overhead Total Product Com Unit Productos General Journal T-accounts (General Ledger) Job #1 Cost Sheet Job #2 Cost Sheet Schedule of CC Thunderduck Custom Tables, Inc. Schedule of cost of goods manufactured For the month Ended December 31, 20XX Thunderduck Custom Tables, Inc Cost of goods sold For the month Ended December 31, 20XX Thunderduck Custom Tables, Inc Income Statement For the month Ended December 31, 20xx General Journal T-accounts (General Ledger) Job #1 Cost Sheet Job #2 Cost Sheet Schedule of CC Job Cost Direct M Job Number ben Date Initiated Dale completed Direct Labor Direct Materials Amount Manufacturing Overhead Amount Hous RA Amount Hous Rae C Summary Di Materiale Director Manufacturing Overhead Tocal Product Cou Unit Product Cost

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