Question: Enos Printing Corp uses a job order cost system The

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 $192,000, and factory wages incurred $87,300.
2. Materials requisitioned and factory labor used by job:

3. Manufacturing overhead costs incurred on account $49,500.
4. Depreciation on equipment $14,550.
5. Manufacturing overhead rate is 90% of direct labor cost.
6. Jobs completed during the quarter: A20, A21, and A23.

Prepare entries to record the operations summarized above. (Prepare a schedule showing the individual cost elements and total cost for each job in item6.)
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  • CreatedMarch 02, 2012
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