The following is a note from CV Makmur: CV Makmur received 215 orders from one customer. The order has order number P834. The following are transactions that occurred at the company. 1. Purchase of materials on credit in the amount of IDR 73,000,000.00 2. Use of direct materials worth IDR 50,000,000.00 3. Employ 25 workers at a cost of IDR 7,500.00 per hour which takes 15 days with 8 hours a day. VAT rate of 5%. 4. Imposition of factory overhead costs of IDR 45,000,000.00. 5. The order is submitted to the buyer with a sales invoice for 180% of the total cost on credit with an invoice of 2/10, n/30. 6. The customer pays within 10 days after delivery. Question: make a transaction journal for calculating costs based on job order costing.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The following is a note from CV Makmur:

CV Makmur received 215 orders from one customer. The order has order number P834. The following are transactions that occurred at the company.

1. Purchase of materials on credit in the amount of IDR 73,000,000.00

2. Use of direct materials worth IDR 50,000,000.00 3. Employ 25 workers at a cost of IDR 7,500.00 per hour which takes 15 days with 8 hours a day. VAT rate of 5%.

4. Imposition of factory overhead costs of IDR 45,000,000.00.

5. The order is submitted to the buyer with a sales invoice for 180% of the total cost on credit with an invoice of 2/10, n/30.

6. The customer pays within 10 days after delivery.

Question: make a transaction journal for calculating costs based on job order costing. 

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