2. Prepare a brief job-order cost sheet for the four jobs. Show the balance as of...
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2. Prepare a brief job-order cost sheet for the four jobs. Show the balance as of June 1 as well as direct materials and direct labor added in June. Apply overhead to the four jobs for the month of June, and show the ending balances. All amount cells must have an entry; enter zeros as needed. Rhone Company Job-Order Cost Sheets For the Month of June Line Item Description Job 44 Job 45 Job 46 Job 47 Beginning balance, June 1 8,025 7,475 0☑ 0 Direct materials 2,550 7,140 1,950 1,850 Direct labor 900 ✓ 6,400 920 540 Applied overhead 675 ✔ 4,800 690 405 Total, June 30 12,150 ✔ 25,815 3,560 2,795 Feedback ►Check My Work 3. Calculate the ending balances of Work in Process and Finished Goods as of June 30. Work in Process: Finished Goods: S 4. Calculate the Cost of Goods Sold for June. x Cost of Goods Sold: 25,815 2. Prepare a brief job-order cost sheet for the four jobs. Show the balance as of June 1 as well as direct materials and direct labor added in June. Apply overhead to the four jobs for the month of June, and show the ending balances. All amount cells must have an entry; enter zeros as needed. Rhone Company Job-Order Cost Sheets For the Month of June Line Item Description Job 44 Job 45 Job 46 Job 47 Beginning balance, June 1 8,025 7,475 0☑ 0 Direct materials 2,550 7,140 1,950 1,850 Direct labor 900 ✓ 6,400 920 540 Applied overhead 675 ✔ 4,800 690 405 Total, June 30 12,150 ✔ 25,815 3,560 2,795 Feedback ►Check My Work 3. Calculate the ending balances of Work in Process and Finished Goods as of June 30. Work in Process: Finished Goods: S 4. Calculate the Cost of Goods Sold for June. x Cost of Goods Sold: 25,815
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Cornerstones of Managerial Accounting
ISBN: 978-0324660135
3rd Edition
Authors: Mowen, Hansen, Heitger
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