Question: Conditional Format Cell Formatting as Table Styles Short Answers (10%) Question 1A (5.5 Marks) 1 A fumiture Company manufactures tables. In March, the two production

Conditional Format Cell Formatting as Table Styles Short Answers (10%) Question 1A (5.5 Marks) 1 A fumiture Company manufactures tables. In March, the two production departments had budgeted allocation bases of 4,000 machine-hours in ! Department X and 8,000 direct manufacturing labor-hours in Department Y. The budgeted manufacturing overheads for the month were $57.500 in Department X and $62,500 in Department Y. For Job A, the actual costs incurred in the two departments were as follows: 1 1 1 Direct materials used Indirect materials used Direct manufacturing labor Indirect manufacturing labor Lease on quam Plantill Department 32,500 17.500 52,500 11.000 16,250 1,000 1 Department Y 13,500 4,750 53.500 9,000 3.750 1,250 Page 2 Job A incurred 800 machine-hours in Department X and 300 maturing labor hours in Department Y. The company uses a budeeted overhead rate for allocating overhead to production 1 Required: Prepare the necessary joumal entries to summarize the March transactions for Department X QUESTION 1 ANSWERS TO QUESTION 1
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