Question: Enos Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter's production 1. 2. Materials purchased

Enos Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter's production 1. 2. Materials purchased on account $193,700, and factory wages incurred $91,000 Materials requisitioned and factory labor used by job: Job Number A20 A21 A22 A23 General factory use Materials $36,740 44,120 37.900 40,770 5,170 $164,700 Factory Labor $19,300 22,200 15.300 26,700 7,500 $91,000 3. 4. 5. 6. Manufacturing overhead costs incurred on account $53,500. Depreciation on factory equipment $16,050. Depreciation on the company's office building was $15,300. Manufacturing overhead rate is 88% of direct labor cost. Jobs completed during the quarter: A20.A21, and A23. 7. Prepare a schedule showing the individual cost elements and total cost for each job in item 7. 3 4. 5. 6. 7. Manufacturing overhead costs incurred on account $53,500. Depreciation on factory equipment $16,050. Depreciation on the company's office building was $15,300 Manufacturing overhead rate is 88% of direct labor cost. Jobs completed during the quarter: A20, A21, and A23. Prepare a schedule showing the individual cost elements and total cost for each job in item 7. Direct Materials Direct Labor Manufacturing Overhead Total $ $ Prepare entries to record the operations summarized above. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
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