View Policies Current Attempt in Progress Coronado Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter's production 1. Materials purchased on account $196,300, and factory wages incurred $94,100. 2. Materials requisitioned and factory labor used by job: Job Number Materials Factory Labor A20 $36,540 $19,500 A21 44,220 23,300 A22 38.100 16,800 A23 42,070 26,600 General factory use 5,170 7,900 $166,100 $94,100 3. Manufacturing overhead costs incurred on account $52,700. 4. Depreciation on factory equipment $15,550. 5 5. Manufacturing overhead rate is 81% of direct labor cost. 6. Jobs completed during the quarter: A20, A21, and A23. Record the operations summarized above. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses eg. (45).) Manufacturing Costs Raw Materials Inventory Factory Labor Manufacturing Overhead 1. Purchased raw materials $ 196300 $ $ 1. Incurred factory labor 94100 2. Direct materials 2. Indirect materials 2. Direct labor 2. Indirect labor 6. Jobs completed during the quarter: A20, A21, and A23. Record the operations summarized above. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses eg. (45).) iring Costs Work in Process Inventory Finished Goods Inventory Labor Manufacturing Overhead $ $ $ $ 94100 Prepare a schedule showing the individual cost components and total cost for each job in item 6. Job Direct Materials Direct Labor Manufacturing Overhead Total A20 $ 36540 $ 19500 $ 15795 $ A21 44220 23300 18873 A23 42070 26600 21546 $ e Textbook and Media Save for Later Last saved 50 seconds ago. Attempts: 0 of 5 used Submit