Question: Do It! Review 2-2 Milner Company is working on two job orders. The job cost sheets show the following Direct materials Direct labor Manufacturting overhead
Do It! Review 2-2 Milner Company is working on two job orders. The job cost sheets show the following Direct materials Direct labor Manufacturting overhead eb 201 Job 202 7,000 $8,800 7,800 5,0009,600 ,800 Prepare the three summary entries to recond 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. De not indent manually) No. Account Titles and Explanation Debit Credit To assign materials to jobs) To assign labor to jobs) To essign overhead to jobs) Do It! Review 2-3 Washburn Company produces earbuds. During the year, manufecturing overhead costs are estimated to be $225,800. Estimated machine usage is 2,700 hours. The company assigns overhead based on machine hours. Job No. 551 used 90 machine hours Compute the predetermined overhead rate Determine the amount of overhead to apply to Job No. 551 Overhead assigned s Prepare the entry to apply overhead to Ob . SS1 on January 15. (Credit account tates are automatically intented when-mount is entered. Do not indent manually.) Date Account Titles and Explanation Debit dan 15 o assign overhead to jobs)
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