Prepare the joumal entry for materials and labor, based on the following: Raw materials issued: Job...
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Prepare the joumal entry for materials and labor, based on the following: Raw materials issued: Job No. 609, $850; for general use in factory, $600 Labor time tickets: Job No. 609, $1,600; $400 for supervision. If an amount box does not require an entry, leave it blank. Email Ine All work saved. 000 Winston Company estimates that the factory overhead for the folowing year will be s1,2s0,000. The company has decided that the bas for applying factory overhead should be machine hours, which s estimated to be 50,000 hours. The total machine houn for the year were 54,300 hours. The actual factory everhead for the year was $1,3400. a. Determine the total factory overhead amount apled. b. Calculate the over or underapplied amount for the yesr. C. Prepare the journal entry to dose factory overhead into Cost of Goods Sald. Previous Net All work saved. Emal Inetructor Sulmit Test for Grading MacBook Pro FM %24 & 5 6. 8 6. Y K F G * CO Prepare the joumal entry for materials and labor, based on the following: Raw materials issued: Job No. 609, $850; for general use in factory, $600 Labor time tickets: Job No. 609, $1,600; $400 for supervision. If an amount box does not require an entry, leave it blank. Email Ine All work saved. 000 Winston Company estimates that the factory overhead for the folowing year will be s1,2s0,000. The company has decided that the bas for applying factory overhead should be machine hours, which s estimated to be 50,000 hours. The total machine houn for the year were 54,300 hours. The actual factory everhead for the year was $1,3400. a. Determine the total factory overhead amount apled. b. Calculate the over or underapplied amount for the yesr. C. Prepare the journal entry to dose factory overhead into Cost of Goods Sald. Previous Net All work saved. Emal Inetructor Sulmit Test for Grading MacBook Pro FM %24 & 5 6. 8 6. Y K F G * CO Prepare the joumal entry for materials and labor, based on the following: Raw materials issued: Job No. 609, $850; for general use in factory, $600 Labor time tickets: Job No. 609, $1,600; $400 for supervision. If an amount box does not require an entry, leave it blank. Email Ine All work saved. 000 Winston Company estimates that the factory overhead for the folowing year will be s1,2s0,000. The company has decided that the bas for applying factory overhead should be machine hours, which s estimated to be 50,000 hours. The total machine houn for the year were 54,300 hours. The actual factory everhead for the year was $1,3400. a. Determine the total factory overhead amount apled. b. Calculate the over or underapplied amount for the yesr. C. Prepare the journal entry to dose factory overhead into Cost of Goods Sald. Previous Net All work saved. Emal Inetructor Sulmit Test for Grading MacBook Pro FM %24 & 5 6. 8 6. Y K F G * CO Prepare the joumal entry for materials and labor, based on the following: Raw materials issued: Job No. 609, $850; for general use in factory, $600 Labor time tickets: Job No. 609, $1,600; $400 for supervision. If an amount box does not require an entry, leave it blank. Email Ine All work saved. 000 Winston Company estimates that the factory overhead for the folowing year will be s1,2s0,000. The company has decided that the bas for applying factory overhead should be machine hours, which s estimated to be 50,000 hours. The total machine houn for the year were 54,300 hours. The actual factory everhead for the year was $1,3400. a. Determine the total factory overhead amount apled. b. Calculate the over or underapplied amount for the yesr. C. Prepare the journal entry to dose factory overhead into Cost of Goods Sald. Previous Net All work saved. Emal Inetructor Sulmit Test for Grading MacBook Pro FM %24 & 5 6. 8 6. Y K F G * CO Prepare the joumal entry for materials and labor, based on the following: Raw materials issued: Job No. 609, $850; for general use in factory, $600 Labor time tickets: Job No. 609, $1,600; $400 for supervision. If an amount box does not require an entry, leave it blank. Email Ine All work saved. 000 Winston Company estimates that the factory overhead for the folowing year will be s1,2s0,000. The company has decided that the bas for applying factory overhead should be machine hours, which s estimated to be 50,000 hours. The total machine houn for the year were 54,300 hours. The actual factory everhead for the year was $1,3400. a. Determine the total factory overhead amount apled. b. Calculate the over or underapplied amount for the yesr. C. Prepare the journal entry to dose factory overhead into Cost of Goods Sald. Previous Net All work saved. Emal Inetructor Sulmit Test for Grading MacBook Pro FM %24 & 5 6. 8 6. Y K F G * CO Prepare the joumal entry for materials and labor, based on the following: Raw materials issued: Job No. 609, $850; for general use in factory, $600 Labor time tickets: Job No. 609, $1,600; $400 for supervision. If an amount box does not require an entry, leave it blank. Email Ine All work saved. 000 Winston Company estimates that the factory overhead for the folowing year will be s1,2s0,000. The company has decided that the bas for applying factory overhead should be machine hours, which s estimated to be 50,000 hours. The total machine houn for the year were 54,300 hours. The actual factory everhead for the year was $1,3400. a. Determine the total factory overhead amount apled. b. Calculate the over or underapplied amount for the yesr. C. Prepare the journal entry to dose factory overhead into Cost of Goods Sald. Previous Net All work saved. Emal Inetructor Sulmit Test for Grading MacBook Pro FM %24 & 5 6. 8 6. Y K F G * CO Prepare the joumal entry for materials and labor, based on the following: Raw materials issued: Job No. 609, $850; for general use in factory, $600 Labor time tickets: Job No. 609, $1,600; $400 for supervision. If an amount box does not require an entry, leave it blank. Email Ine All work saved. 000 Winston Company estimates that the factory overhead for the folowing year will be s1,2s0,000. The company has decided that the bas for applying factory overhead should be machine hours, which s estimated to be 50,000 hours. The total machine houn for the year were 54,300 hours. The actual factory everhead for the year was $1,3400. a. Determine the total factory overhead amount apled. b. Calculate the over or underapplied amount for the yesr. C. Prepare the journal entry to dose factory overhead into Cost of Goods Sald. Previous Net All work saved. Emal Inetructor Sulmit Test for Grading MacBook Pro FM %24 & 5 6. 8 6. Y K F G * CO Prepare the joumal entry for materials and labor, based on the following: Raw materials issued: Job No. 609, $850; for general use in factory, $600 Labor time tickets: Job No. 609, $1,600; $400 for supervision. If an amount box does not require an entry, leave it blank. Email Ine All work saved. 000 Winston Company estimates that the factory overhead for the folowing year will be s1,2s0,000. The company has decided that the bas for applying factory overhead should be machine hours, which s estimated to be 50,000 hours. The total machine houn for the year were 54,300 hours. The actual factory everhead for the year was $1,3400. a. Determine the total factory overhead amount apled. b. Calculate the over or underapplied amount for the yesr. C. Prepare the journal entry to dose factory overhead into Cost of Goods Sald. Previous Net All work saved. Emal Inetructor Sulmit Test for Grading MacBook Pro FM %24 & 5 6. 8 6. Y K F G * CO
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Related Book For
Intermediate Accounting Reporting and Analysis
ISBN: 978-1285453828
2nd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
Posted Date:
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