Question

Rework in job costing, journal entry (continuation of 18-35). Assume that the 7 spoiled units of Whitefish Machine Shop’s Job #10 can be reworked for a total cost of $1,700. A total cost of $10,150 associated with these units has already been assigned to Job #10 before the rework.
Required
Prepare the journal entries for the rework, assuming the following:
a. The rework is related to a specific job.
b. The rework is common to all jobs.
c. The rework is considered to be abnormal.



$1.99
Sales12
Views658
Comments0
  • CreatedNovember 15, 2011
  • Files Included
Post your question
5000