Question: please answer problems 17.1B and 17.3B of the e Discuss reasons why the company should adopt the recomme implement an activity-based costing system. PROBLEM Set
of the e Discuss reasons why the company should adopt the recomme implement an activity-based costing system. PROBLEM Set B astings International uses job order costing. Manufacturing overhead is jobs through the use of a predetermined overhead rate based on direct labor coged to in, information appears in the company's Work in Process Inventory account for the m is cha PROBLEM 17.1B Job Order Costing Computations and Journal Entries costs. T for the month of oo ang i 05 Debits to account 31 Balance, April 1... Direct labor. .. Manufacturing overhead (applied to jobs as 160% of direct labor cost). 8 56 15 24055 season Credits to account: Transferred to Finished Goods Inventory account. Balance, April 30. $14 $1400 Assuming that the direct labor charged to the jobs still in process at April 30 $3,750, compute the amount of manufacturing overhead and the amount of direct that have been charged to these jobs as of April 30. Instructions at April 30 am Prepare general journal entries to summarize: 1. The manufacturing costs (direct materials, direct labor, and overhead) charged to produ b. The transfer of production completed during April to the Finished Goods Inve accoun tion during April. 2. The cash sale of 90 percent of the merchandise completed during April at a tota price of $77,000. Show the related cost of goods sold in a separate journal entry 3. M 17.2B The following information relates to the manufcturing onerations of Fareo Develonment
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