Danielle Company is working on two job orders. The job cost sheets show the following: Direct materials - Job 120: $6,000, Job 121: $3,600 Direct labor - Job 120: $4,000, Job 121: $2,000 Manufacturing overhead - Job 120: $5,000, Job 121: $2,500 Prepare the three summary entries to record the assignment of costs to Work in Process from the data on the job cost sheets.
Danielle Company is working on two job orders. The job cost sheets show the following: Direct materials - Job 120: $6,000, Job 121: $3,600 Direct labor - Job 120: $4,000, Job 121: $2,000 Manufacturing overhead - Job 120: $5,000, Job 121: $2,500 Prepare the three summary entries to record the assignment of costs to Work in Process from the data on the job cost sheets.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Danielle Company is working on two job orders.
The job cost sheets show the following:
Direct materials - Job 120: $6,000, Job 121:
$3,600
Direct labor - Job 120: $4,000, Job 121: $2,000
Manufacturing overhead - Job 120: $5,000, Job
121: $2,500
Prepare the three summary entries to record
the assignment of costs to Work in Process from
the data on the job cost sheets.
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