3. Job Order and Process Costing-Seatwork - Word (Product Activation Failed)View Tell me what you want to do....Insert Design Layout References MailingsReview12 31*41. The firm applies an overhead worth P100,000. The correct journal entry would be?a.Work-in-Process30P 100,000Accounts payableP100,000b.Manufacturing overheadP 100,000Accounts payableP100,000C.Manufacturing overheadP 100,000Work-in-processP 100,000d.Work-in-processP 100,000Manufacturing overheadP100,00033S2. A firm uses a predetermined overhead rate base on direct labor cost to apply manufacturingoverhead to jobs. The predetermined overhead rates for the year are 200% for Department Xand 50% for Department Y. Job 4567 started and completed during the year, was charged withthe following costs:Direct MaterialsDirect laborManufacturing overheadP 200,000?P 320,000Department YThe total manufacturing costs associated with Job 4567 should be?a.P 800,000d.P 1,560,000Department XP 40,000P 240,000?C.P 1,080,000f. P 1,560,000I10522°C Cloudy9/10b. P 1,440,000e. P 1,920,000Pere to search

Step 1: Introduction to cost accountingThe field of accounting known as cost accounting is utilized…

Answered: 3. Job Order and Process…

Excel Applications for Accounting Principles

4th Edition

ISBN:9781111581565

Author:Gaylord N. Smith

Publisher:Gaylord N. Smith

Chapter17: Job Order Costing (job)

Section: Chapter Questions

Problem 2R

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like to set Microsoft Edge as your default browser? Set as default CD Job-order Costing System Activities Activity 1: The following information is for GANA Company that uses the job-order costing technique for determining cost of sales. The following data is obtained from its records for the year ended 31 st December 2020. Particular BD. Direct materials 8000 Direct labour 5000 Factory overheads 12500 Administrative overheads 3500 Selling and Distribution overheads 4500 Profit on cost 10% You are required to: 1- Prepare a Job cost sheet indicating prime cost, work cost, production cost, cost of sales and sales value.
/takeAssignment/takeAssignmentMain.do?invoker=Dassignments&takeAssignmentSessionLocator%3Dassignment-take&inprogress%-false ☆ ロ eBook Job Costs Using Activity-Based Costing Heitger Company is a job-order costing firm that uses activity-based costing to apply overhead to jobs. Heitger identified three overhead activities and related drivers. Budgeted information for the year is as follows: Activity Cost Driver Amount of Driver Materials handling $110,700 Number of moves 4,500 Engineering 153,900 Number of change orders 9,000 Other overhead 310,000 Direct labor hours 50,000 Heitger worked on four jobs in July. Data are as follows: Job 13-43 Job 13-44 Job 13-45 Job 13-46 Beginning balance $24,900 $19,800 $2,900 $0 Direct materials $5,800 $9,900 $13,200 $9,500 Direct labor cost $810 $1,080 $1,560 $130 Job 13-43 Job 13-44 Job 13-45 Job 13-46 Number of moves 45 48 33 4 Number of change orders 27 40 23 18 Direct labor hours 810 1,080 1,560 130 By July 31, Jobs 13-43 and 13-44 were completed…
Info in images Answer Choices for Q1 a. $104,000 b. $33,600 c. $310,933 d. $137,600 Answer Choices for Q2 a. $54,110 b. $98,700 c. $68,600 d. $30,100
2 Applying Assignment ← Jackson Foundry uses a predetermined overhead allocation rate to allocate overhead to individual jobs, based View the costs. Read the requirements. Requirement 1. Compute Jackson Factory's predetermined overhead allocation rate. Predetermined overhea allocation rate per machine H Requirement 2. Prepare the journal entry to allocate manufacturing overhead. (Record debits first, then credit Accounts and Explanation pages $ Estimated overhead cost 880,000 Question 2, EM2-24 (similar to) Part 2 of 6 Date Dec. 31 Get more help. Estimated machine hours 80,000 $ 11 Debit Credit Costs At the beginning of 2025, the company expected to incur the following: $880,000 Manufacturing overhead costs Direct labor costs 1,440,000 Machine hours 80,000 hours At the end of 2025, the company had actually incurred: Direct labor costs Depreciation on manufacturing plant and equipment Property taxes on plant Sales salaries Delivery drivers' wages Plant janitor's wages Machine hours…
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2. If Wilmington uses departmental predetermined overhead rates with direct labor-hours as the allocation base in Assembly and machine-hours as the allocation base in Fabrication, how much manufacturing overhead would be applied to Job Bravo?
Fix the wrong problem, please
Question 1. A,B,C need help understanding how to do the math. And I also have to put this all on a spreadsheet. Please help.
geNOWv2 | Online teachin X + n/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator=&inprogress... A Factory Overhead Costs Instructions Chart of Accounts Journal T Instructions During May, Lockmiller Company incurred factory overhead costs as follows: indirect materials, $34,500; indirect labor, $80,700; utilities cost, $13,400; and factory depreciation, $47,600. Required: Journalize the entry to record the factory overhead incurred as of May 30. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered. I Previous a C Next 20
2. Change all of the numbers in the data area of your worksheet so that it looks like this: A 1 Chapter 3: Applying Excel 2 3 Data 4 Allocation base 5 Estimated manufacturing overhead cost Estimated total amount of the allocation base Actual manufacturing overhead cost 8 Actual total amount of the allocation base 6 7 Predetermined overhead rate Machine-hours $ B $ с 409,200 62,000 machine-hours 418,200 60,000 machine-hours If your formulas are correct, you should get the correct answers to the following questions. (a) What is the Predetermined overhead rate? (Round your answer to 2 decimal places.) per machine-hour
1/1 gageNOWv2 | Online teachir X om/ilrn/takeAssignment/takeAssignmentMa.ao?invoker=&takeAssignmentSessionLocator=&inprogress=false 巴 | I eBook Overhead is assigned to the manufacturing department at the rate of $13 per machine hour. There were 3,200 machine hours during October in the shaping department and 2,300 in the packaging department. Prepare the journal entry to apply overhead to the manufacturing departments. If an amount box does not require an entry, leave it blank.
Would you like to set Microsoft Edge as your default browser? Set as default of 5 Q ACtIvity 2: The following data are from the costing records of ABC Ltd. in respect of Job No. 14: Materials used BD. 2500 Direct Wages: Department A - 30 hours at BD. 6 per hour Department B - 50 hours at BD. 5 per hour Department C- 20 hours at BD. 2 per hour Overhead for these three departments were estimated as follows: Variable overheads: Department A - BD. 10000 for 2000 Direct labour hours to Department B - BD. 60000 for 3000 Direct labour hours emai Department c - BD. 80000 for 2000 Direct labour hours Fixed overheads: BD7 for 100 working hours from You are required to calculate the total cost of the above Job No.14 using job-order costing system a qu as well the price for the job to give a profit of 20% of sales. bne-tim Darticulare 888-888-8888 Ta

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