please fill in the missing answers to 19-2A. Thank you Problem 19-2AabCdefg1g2Correct MaterialsCorrectAccounts PayableCorrect Work in ProcessCorrect Factory OverheadCorrectCorrectMaterialsWages PayableCorrect Factory OverheadCorrect Accounts PayableCorrect Factory OverheadCorrect Accumulated DepreciationCorrect Work in ProcessCorrectFactory OverheadCorrect Finished GoodsCorrectWork in ProcessCorrect Accounts ReceivableCorrect SalesCorrectCost of Goods SoldCorrect Finished Goods6,4701,79019,76039,20060,02028,810Insert theappropriateamount.32,4506,4701,79019,76039,20060,02028,810 PR19-2A Entries and schedules for unfinished jobs and completed jobs.Kaymer Industries, Inc. uses a job order cost system. The following data summarize theoperations related to production for January, the first month of operations:a. Materials purchased on account, $33,100.b. Materials requisitioned and factory labor used:Job301302303304305306For general factory useMaterials$2,7403,9802,5708.8506,2104,2901,200Job301302303304305306Total$5,4602,9303,0708,5201,8406,1104,520c. Factory overhead costs incurred on account, $6,470.d. Depreciation of factory machinery and equipment, $1,790.e. The factory overhead rate is $65 per machine hour. Machine hours used:Machine Hours522844653679304Factory Laborf. Jobs completed: 301, 302, 303, and 305.g. Jobs were shipped and customers were billed as follows: Job 301, $23,450; Job 302,$19,210; Job 303, $17,360.InstructionsJournalize the entries to record the summarized operations.

A business contract is entered as a journal entry inside the company's accounting records. In…

Problem 19-2A a b C d e f g1 g2 Correct Materials Correct Accounts Payable Correct Work in Process Correct Factory Overhead Correct Correct Materials Wages Payable Correct Factory Overhead Correct Accounts Payable Correct Factory Overhead Correct Accumulated Depreciation Correct Work in Process Correct Factory Overhead Correct Finished Goods Correct Work in Process Correct Accounts Receivable Correct Sales Correct Cost of Goods Sold Correct Finished Goods 6,470 1,790 19,760 39,200 60,020 28,810 Insert the appropriate amount. 32,450 6,470 1,790 19,760 39,200 60,020 28,810

Problem 19-2A a b C d e f g1 g2 Correct Materials Correct Accounts Payable Correct Work in Process Correct Factory Overhead Correct Correct Materials Wages Payable Correct Factory Overhead Correct Accounts Payable Correct Factory Overhead Correct Accumulated Depreciation Correct Work in Process Correct Factory Overhead Correct Finished Goods Correct Work in Process Correct Accounts Receivable Correct Sales Correct Cost of Goods Sold Correct Finished Goods 6,470 1,790 19,760 39,200 60,020 28,810 Insert the appropriate amount. 32,450 6,470 1,790 19,760 39,200 60,020 28,810

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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