CV Dodo asks you to help their new accounting staffs to prepare journal entries for the following transactions related to Job 14A1:

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Question 02
CV Dodo asks you to help their new accounting staffs to prepare journal entries for the following
transactions related to Job 14A1:
1. The company purchased 10,000 units of raw material J01 from ABC Company on terms 2/10, n/30.
for IDR 4.400.000
2. The following raw and auxiliary materials are issued:
a. X raw materials to be used in work; price IDR 1.800.000; material request form s no. 1040.
b. Auxiliary materials to be used is Rp.1.000.000 ; The material request form is 1041.
3. Factory wages is Rp 8.000.000 is already paid
4. Transferred factory wage balance:
a. Direct labor Rp7.000.000
b. Indirect labor Rp1.000.000
5. Assign predetermined factory overhead costs to work in progress. The manufacturing overhead cost is
70% of direct labor cost.
6 The company paid alectricity hill for Po5 200.000 used by the facton
Transcribed Image Text:Academic Portal LIBIS- Sampoerna.. Dashboard VitalSource Booksh... Spotify-Web Player MLA Formatting an. Credible an Question 02 CV Dodo asks you to help their new accounting staffs to prepare journal entries for the following transactions related to Job 14A1: 1. The company purchased 10,000 units of raw material J01 from ABC Company on terms 2/10, n/30. for IDR 4.400.000 2. The following raw and auxiliary materials are issued: a. X raw materials to be used in work; price IDR 1.800.000; material request form s no. 1040. b. Auxiliary materials to be used is Rp.1.000.000 ; The material request form is 1041. 3. Factory wages is Rp 8.000.000 is already paid 4. Transferred factory wage balance: a. Direct labor Rp7.000.000 b. Indirect labor Rp1.000.000 5. Assign predetermined factory overhead costs to work in progress. The manufacturing overhead cost is 70% of direct labor cost. 6 The company paid alectricity hill for Po5 200.000 used by the facton
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