Question: P 2 0 . 5 ( LO 1 , 2 , 3 , 4 , 5 ) , AN Phillips Corporation s fiscal year ends

P20.5(LO 1,2,3,4,5), AN Phillips Corporations fiscal year ends on November 30. The accounts are found in its job order cost accounting system for the first month of the new fiscal
following year.
16,850
(f)
(i)
(k)
(m)
a.80%, $12, $7.50
b. $356,000,$368,000, $193,500
c. $3,000, $(8,000), $1,000
Analyze manufacturing accounts and determine missing amounts.
Excel
Department DEK
Problems 20-39
Manufacturing overhead Direct labor costs
Direct labor hours Machine hours
$1,200,000 $1,500,000100,000400,000
$1,500,000 $1,250,000125,000500,000
$900,000 $450,00040,000120,000
The following information pertains to January 2022 for each manufacturing department.
Department DEK
Direct materials used
Direct labor costs
Manufacturing overhead incurred Direct labor hours
Machine hours
Instructions
$140,000 $120,000 $ 99,000
8,00034,000
$126,000 $110,000 $124,000
11,00045,000
$78,000 $37,500 $79,000
3,50010,400
Dec.
Dec.
Dec.
Dec.P20.5(LO 1,2,3,4,5), AN Phillips Corporations fiscal year ends on November 30. The accounts are found in its job order cost accounting system for the first month of the new fiscal
following year.
16,850
(f)
(i)
(k)
(m)
a.80%, $12, $7.50
b. $356,000,$368,000, $193,500
c. $3,000, $(8,000), $1,000
Analyze manufacturing accounts and determine missing amounts.
Excel
Department DEK
Problems 20-39
Manufacturing overhead Direct labor costs
Direct labor hours Machine hours
$1,200,000 $1,500,000100,000400,000
$1,500,000 $1,250,000125,000500,000
$900,000 $450,00040,000120,000
The following information pertains to January 2022 for each manufacturing department.
Department DEK
Direct materials used
Direct labor costs
Manufacturing overhead incurred Direct labor hours
Machine hours
Instructions
$140,000 $120,000 $ 99,000
8,00034,000
$126,000 $110,000 $124,000
11,00045,000
$78,000 $37,500 $79,000
3,50010,400
Dec.
Dec.
Dec.
Dec.

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