Question: Current Attempt in Progress Lily Company is working on two job orders. The job cost sheets show the following Job 201 $7,500 Direct materials Direct

 Current Attempt in Progress Lily Company is working on two job

Current Attempt in Progress Lily Company is working on two job orders. The job cost sheets show the following Job 201 $7,500 Direct materials Direct labor Manufacturing overhead Job 202 $9,250 8,150 9,600 4,000 5,050 Prepare the three summary entries to record the assignment of costs to Work in Process from the data on the job cost sheets. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit (a) (To assign materials to jobs) (b) (To assign labor to jobs) (To assign overhead to jobs) Taytda

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