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Tyler Tooling Company uses a job order cost system with overhead applied to products on the basis of machine hours. For the u
Job 102 was completed but not sold. Job 103 is still in process Actual overhead costs recorded during the first month of oper
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Answer #1
Account titles Debit Credit
1 Finished Goods Inventory    24,000.00
Work in Process inventory    24,000.00
2a Cost of Goods Sold    35,400.00
Finished Goods Inventory    35,400.00
2b Cash    50,800.00
Sales Revenue    50,800.00
3 Manufacturing overhead      4,100.00
Cost of Goods Sold      4,100.00
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