Job Order Casting for a Service Company The Fly Company provides covering services for dients across the nation. The Fly Company is presently working on four projects, each for a different dient. The Fly Company cccumulates costs for each account (client) on the basis of both direct costs and allocated Increct costs. The direct costs include the charged time of professional personnal and media purchases (air time and ad space). Overhead is located in each projects The pri 50% of meth centage of map On August 1, the four army projet the flowing actu Wenk Take Off Sleepy tied ret August 1 Balanc 5,903 28,003 Total During August. The Fly Company incurred the following direct facer and modle purchase costs related to preparing advertising for each of the four count Direct Labor Media Purchases Vb.it Bank late Dil A Sleepy Tired Hotels Taste Beverages $44,700 $160.500 149,100 87,500 108.000 tutal $751,300 Attend of August, hich the sad and Arina campagne completed. The costs of completed as a decided the co a. Joumalize the summary entry to record the direct lacer costs for the month. If an amount box does not require an entry, leave it blank. w. Work Iss Salaries Payable 88 b. Journalze the summary entry to record the media purchases for the month. If an amount box does not require an entry, leave t b. An inte Asp.nta Payabe Гене Curie summery ryto the cop for the month. If our box does requran ry, Markin Process Agency Ovetere d. umalize the ammary any other Waterkant face Dare fur the manih. fer amount wing, w d. So frys
Job Order Casting for a Service Company The Fly Company provides covering services for dients across the nation. The Fly Company is presently working on four projects, each for a different dient. The Fly Company cccumulates costs for each account (client) on the basis of both direct costs and allocated Increct costs. The direct costs include the charged time of professional personnal and media purchases (air time and ad space). Overhead is located in each projects The pri 50% of meth centage of map On August 1, the four army projet the flowing actu Wenk Take Off Sleepy tied ret August 1 Balanc 5,903 28,003 Total During August. The Fly Company incurred the following direct facer and modle purchase costs related to preparing advertising for each of the four count Direct Labor Media Purchases Vb.it Bank late Dil A Sleepy Tired Hotels Taste Beverages $44,700 $160.500 149,100 87,500 108.000 tutal $751,300 Attend of August, hich the sad and Arina campagne completed. The costs of completed as a decided the co a. Joumalize the summary entry to record the direct lacer costs for the month. If an amount box does not require an entry, leave it blank. w. Work Iss Salaries Payable 88 b. Journalze the summary entry to record the media purchases for the month. If an amount box does not require an entry, leave t b. An inte Asp.nta Payabe Гене Curie summery ryto the cop for the month. If our box does requran ry, Markin Process Agency Ovetere d. umalize the ammary any other Waterkant face Dare fur the manih. fer amount wing, w d. So frys
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter2: Job Order Costing
Section: Chapter Questions
Problem 16E: Job order cost accounting for a service company The Fly Company provides advertising services for...
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