Chapter 2, Problem 2.8E

Enos Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter’s production.

Prepare cntries for manufacturing and nonmanufacturing costs. (LO 1, 2, 3, 4), AP

1. Materials purchased on account $192,000, and factory wages incurred $87,300.

2. Materials requisitioned and factory labor used by job:

Job Number	Materials	Factory Labor
A20	$ 35,240	$18,000
A21	42,920	22,000
A22	36,100	15,000
A23	39,270	25,000
General factory use	4.470	7,300
	$158,000	$87,300

3. Manufacturing overhead costs incurred on account $49,500.

4.  Depreciation on factory equipment $14,550.

5.  Depreciation on the company’s office building was $14,300.

6. Manufacturing overhead rate is 90% of direct labor cost.

7. Jobs completed during the quarter A20, A21. and A23.

Instructions

Prepare entries to record the operations summarized above (Prepare a schedule showing the individual cost elements and total cost for each job in item 7.)