Question 02 CV Dodo asks you to help their new accounting staffs to prepare journal entries for the following transactions related to Job 14A1: 1. The company purchased 10,000 units of raw material J01 from ABC Company on terms 2/10, n/30. for IDR 4.400.000 2. The following raw and auxiliary materials are issued: a. X raw materials to be used in work; price IDR 1.800.000; material request form s no. 1040. b. Auxiliary materials to be used is Rp.1.000.000 ; The material request form is 1041. 3. Factory wages is Rp 8.000.000 is already paid 4. Transferred factory wage balance: a. Direct labor Rp7.000.000 b. Indirect labor Rp1.000.000 5. Assign predetermined factory overhead costs to work in progress. The manufacturing overhead cost is 70% of direct labor cost. 6. The company paid electricity bill for Rp5.200.000 used by the factory 7. The company completed the work of Job 14A1 8. The company sold the product Rp.13.800.000 9. The company close any outstanding overhead related to Job 14A1
Question 02 CV Dodo asks you to help their new accounting staffs to prepare journal entries for the following transactions related to Job 14A1: 1. The company purchased 10,000 units of raw material J01 from ABC Company on terms 2/10, n/30. for IDR 4.400.000 2. The following raw and auxiliary materials are issued: a. X raw materials to be used in work; price IDR 1.800.000; material request form s no. 1040. b. Auxiliary materials to be used is Rp.1.000.000 ; The material request form is 1041. 3. Factory wages is Rp 8.000.000 is already paid 4. Transferred factory wage balance: a. Direct labor Rp7.000.000 b. Indirect labor Rp1.000.000 5. Assign predetermined factory overhead costs to work in progress. The manufacturing overhead cost is 70% of direct labor cost. 6. The company paid electricity bill for Rp5.200.000 used by the factory 7. The company completed the work of Job 14A1 8. The company sold the product Rp.13.800.000 9. The company close any outstanding overhead related to Job 14A1
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please solve question 2
Transcribed Image Text:Question 02
CV Dodo asks you to help their new
accounting staffs to prepare journal entries
for the following transactions related to Job
14A1:
1. The company purchased 10,000 units
of raw material J01 from ABC Company
on terms 2/10, n/30. for IDR 4.400.000
2. The following raw and auxiliary
materials are issued:
a. X raw materials to be used in work;
price IDR 1.800.000; material request
form s no. 1040.
b. Auxiliary materials to be used is
Rp.1.000.000; The material request
form is 1041.
3. Factory wages is Rp 8.000.000 is already
paid
4. Transferred factory wage balance:
a. Direct labor Rp7.000.000
b. Indirect labor Rp1.000.000
5. Assign predetermined factory overhead
costs to work in progress. The manufacturing
overhead cost is 70% of direct labor cost.
6. The company paid electricity bill for
Rp5.200.000 used by the factory
7. The company completed the work of Job
14A1
8. The company sold the product
Rp.13.800.000
9. The company close any outstanding
overhead related to Job 14A1
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