Direct manufacturing labor Indirect manufacturing labor Equipment depreciation Other indirect manufacturing costs Direct materials Indirect materials $80,000 12,000 1,000 1,500 95,000 4,000 Manufacturing overhead overapplied 2,000 What are the total manufacturing costs for job order #23 if the company uses normal job-order costing? a. $191,500 c. $194,500 b. $193,500 d. $195,500

Direct manufacturing labor Indirect manufacturing labor Equipment depreciation Other indirect manufacturing costs Direct materials Indirect materials $80,000 12,000 1,000 1,500 95,000 4,000 Manufacturing overhead overapplied 2,000 What are the total manufacturing costs for job order #23 if the company uses normal job-order costing? a. $191,500 c. $194,500 b. $193,500 d. $195,500

Name: Sturdy Manufacturing Co. assembled the following cost data for job ord
Uploaded: 2024-03-20T06:32:49.000Z
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Description: Sturdy Manufacturing Co. assembled the following cost data for job order #23: Direct manufacturing laborIndirect manufacturing laborEquipment depreciationOther indirect manufacturing costsDirect materialsIndirect materials$80,00012,0001,0001,50095,00

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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The following information is available for ADT Company, which produces special-order security products and uses a job order costing system. Overhead is applied using a predetermined overhead rate of 55% of direct labor cost. Inventories Raw materials -Work in process Finished goods Cost incurred for the period Raw materials purchases Factory payroll Factory overhead (actual) Indirect materials used Indirect labor used Other overhead costs 1. Raw materials purchases for cash. 2. Direct materials used. 3. Indirect materials used. View transaction list Beginning of period $ 40,000 9,400 56,000 Journal entry worksheet A Prepare journal entries for the above transactions for the period. B C Transaction 1 Note: Enter debits before credits. End of Period $ 50,000 20,600 34,000 $ 183,000 150,000 11,000 34,500 91,000 Record the raw material purchases for cash. General Journal Debit Credit
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Please refer to the picture. The following information is available for ADT Company, which produces special-order security products and uses a job order costing system. Overhead is applied using a predetermined overhead rate of 55% of direct labor cost.