Eastern Furniture Inc. manufactures several different designs of outdoor furniture. Production costs are accounted for using a job order cost system. During the current period, 100 metal tables were manufactured on Job 275. Costs charged to the job before inspection are:
Materials$3,300
Labor (150 hours x $10 per hour)1,500
Factory overhead ($12 per labor hour)1,800
Total cost charged to Job 275$6,600
Inspection revealed that an umbrella ring had not been attached to the tables. To correct the oversight, a small part was welded to the table leg brace and the brace was repainted. The small part cost $.50 for each table, and the primer and paint cost $ 1.00 for each table. Each table required l/4 hour of labor.
Required:
Prepare general journal entries to record the rework and the transfer of the completed tables to Finished Goods Inventory.