Danielle Company Is working on two Job orders. The Job cost sheets show the following: Direct materials-Job 120 S6,000; 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.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Danlelle Company Is working on two Job orders. The Job cost sheets show the following:
Direct materlals-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.
Transcribed Image Text:Danlelle Company Is working on two Job orders. The Job cost sheets show the following: Direct materlals-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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