Question: This chapter has me struggling. I need help with this problem 19-2A letters A-G. Series OB. PR 19-2A Entries and schedules for unfinished jobs and
This chapter has me struggling. I need help with this problem 19-2A letters A-G.


Series OB. PR 19-2A Entries and schedules for unfinished jobs and completed jobs Kaymer Industries Inc. uses a job order cost system. The following data summarize operations related to production for January, the first month of operations: a. Materials purchased on account, $33,100. collo betong bol 5 CD zano 30 Lt DO 955 Chapter 19 Job Order Costing b. Materials requisitioned and factory labor used: Job Materials 301 Factory Labor 302 $2,740 $5,460 303 3,980 2,930 2,570 304 3,070 8,850 305 8,520 306 6,210 1,840 4,290 6,110 For general factory use 1,200 4,520 c. Factory overhead costs incurred on account, $6,470. d. Depreciation of factory machinery and equipment, $1,790. e. The factory overhead rate is $65 per machine hour. Machine hours used: Job Machine Hours 301 52 som 302 28 DO 303 44 304 65 305 36 306 79 It is Total 304 f. Jobs completed: 301, 302, 303, and 305. g. Jobs were shipped and customers were billed as follows: Job 301, $23,450; Job 302, $19,210; Job 303, $17,360. abre Instructions 1. Journalize the entries to record the summarized operations. 2. Post the appropriate entries to T accounts for Work in Process and Finished Goods, using the identifying letters as transaction codes. Insert account balances as of the end of the month. is yolu 3. Prepare a schedule of unfinished jobs to support the balance in the work in process account. 4. Prepare a schedule of completed jobs hand to support the balance in the finished goods account. (Continued)
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