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Your answer is partially correct Enos Printing Corp uses a job order cost system. The following data summarize the operations related to the first
Your answer is partially correct Enos Printing Corp uses a job order cost system. The following data summarize the operations related to the first quarter's production 1. Materials purchased on account $194,400, and factory wages incurred $90,400 2 Materials requisitioned and factory labor used by job Job Number Materials Factory Labor A20 $36.540 $18.100 A21 45,720 22.800 A22 36,800 15.800 A23 40.570 26.200 General factory use 4.870 7.500 $164.500 $90,400 3. Manufacturing overhead costs incurred on account $50,900 4. Depreciation on factory equipment $16.150 5. Depreciation on the company's office building was $15,000. 6. Manufacturing overhead rate is 83% of direct labor cost 2 Jobs completed during the quarter: A20, A21, and A23. Prepare a schedule showing the individual cost elements and total cost for each job in item 7.
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