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 6199,300, and factory wages incurred $91,000.

2. Matrials requisitioned and factory labor used by job:

3. Manufacturing overhead costs incurred on account $54,100.

4. Depeciation on factory equipment $16,450.

5. Depreciation on the company's office building Was $15,300.

6. Manufacturing overhead rate is 87% of direct labor cost.

7. Jobs completed during the quarter: A20, A21, and A23.

Prepare entries to record the operations summarized above. (Credit account titles are automatically indented when amount Is entered. Do not Indent manually.)

Transcribed Image Text:

Job Number A20 A21 A22 A23 General factory use Materials $36,540 45,120 36,200 40,470 5,470 $163,800 Factory Labor $18,800 22,700 15,700 25,400 8,400 $91,000 Job Number A20 A21 A22 A23 General factory use Materials $36,540 45,120 36,200 40,470 5,470 $163,800 Factory Labor $18,800 22,700 15,700 25,400 8,400 $91,000

Answer rating: 100% (QA)

1 Dr Raw Materials Inventory 194300 Cr Accounts Payable 194300 To record materials purcha... View the full answer