Question
Raw Materials llivellur 166900 (To record materials put into production) Work in Process Inventory 86300 T Manufacturing Over

Exercise 16-8

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Enos Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter’s production.
1. Materials purchased on account $193,600, and factory wages incurred $94,300.
2. Materials requisitioned and factory labor used by job:

Job Number

Materials

Factory Labor

A20 $37,540 $19,300
A21 45,820 23,300
A22 37,300 17,100
A23 41,470 26,600
General factory use 4,770 8,000
$166,900 $94,300
3. Manufacturing overhead costs incurred on account $51,800.
4. Depreciation on factory equipment $16,450.
5. Depreciation on the company’s office building was $15,000.
6. Manufacturing overhead rate is 85% of direct labor cost.
7. Jobs completed during the quarter: A20, A21, and A23.


Prepare entries to record the operations summarized above. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

NEED HELP ONLY ON #6

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Answer #1
No ACCOUNT DEBIT CREDIT
6 Work in Process Inventory 73,355
Manufacturing overhead 73,355
(94,300-8,000)*85%

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