2-3
|
Particulars |
||
|
(a) |
Job 1 |
$ 930 |
|
(b) |
Job 2 |
$ 1200 |
|
(c) |
Job 3 |
$ 780 |
|
(d) |
Work in Progress Inventory |
$ 2910 |
|
(e) |
General Factory Use (or) |
$ 710 |
|
Summary Journal Entry to record Raw Materials Used |
|||
|
Date |
Account Titles and Explanation |
Debit |
Credit |
|
Jan-31 |
Work In Progress Inventory |
$ 2910 |
|
|
Manufacturing Overheads |
$ 710 |
||
|
Raw Materials Inventory |
$ 3620 |
||
|
Being Usage of Raw Materials |
|||
2-4
| Date | Account Title | Debit | Credit |
| 31 January | Work in process inventory | $5,720 | |
| Manufacturing Overheads | $980 | ||
| Factory Labor | $6,700 | ||
| (To record factory labor used) |
Brief Exercise 2-3 In January, Dieker Company requisitions raw materials for production as follows: Job 1...
In January, Dieker Company requisitions raw materials for production as follows: Job 1 $930, Job 2 $1,200, Job 3 $770, and general factory use $700. Prepare a summary journal entry to record raw materials used. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 31
In January, Coronado company requisitions raw materials for production as follows: Job 1 $950, Job 2 $1,300, Job 3 $800, and general factory use indirect materials) $610. Prepare a summary journal entry to record raw materials used. (Credit account titles are automatically indented when amount is entered. Do not internt manually.) Debit Credit Date Account Titles and Explanation Jan. 31 Work in Process Inventory Manufacturing Overhead 610 Raw Materials Inventory Click if you would like to show Work for this...
During January, its first month of operations, Dieker Company
accumulated the following manufacturing costs: raw materials
purchased $4,000 on account, factory labor $6,000, and utilities
payable $2,000.
Brief Exercise 2A-2 During January, its first month of operations, Dieker Company accumulated the following manufacturing costs: raw mate $2,000. Record the company's manufacturing costs in its job order costing system. Manufacturing Costs Raw Materials Inventory Factory Labor Manufacturing Overhead Purchased raw materials Incurred factory labor Factory utilities पी पी Balance LINK TO...
**MUST BE ABLE TO ANSWER ALL QUESTIONS**
A) During January, its first month of
operations, Dieker Company accumulated the following manufacturing
costs: raw materials $5,400 on account, factory labor $6,100 of
which $5,900 relates to factory wages payable and $200 relates to
payroll taxes payable, and utilities payable $2,500.
Prepare separate journal entries for each type of manufacturing
cost.
**************************************************************************************************
B) In January, Dieker Company requisitions raw
materials for production as follows: Job 1 $970, Job 2 $1,400, Job
3...
Accounting y Updates Question 2 ssions View Policies Current Attempt in Progress erences aborations In January, Dieker Company requisitions raw materials for production as follows Job 15990. Job 2 $1,300, Job 3 5770, and general factory use $700 PLUS Support Prepare a summary journal entry to record raw materials used. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit Jan. 31
During January, its first month of operations, Dieker Company accumulated the following manufacturing costs: raw materials $5,400 on account, factory labor $6,700 of which $5,900 relates to factory wages payable and $800 relates to payroll taxes payable, and factory utilities payable $2,100. Prepare separate journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 31 enter an account title to...
During January, its first month of operations, Ayayai Company
accumulated the following manufacturing costs: raw materials
purchased $4,100 on account, factory labor $6,100, and utilities
payable $2,100. In January, requisitions of raw materials for
production are as follows: Job 1 $910, Job 2 $1,200, Job 3 $710,
and general factory use $610.
Record raw materials used. (Enter negative amounts using either
a negative sign preceding the number e.g. -45 or parentheses e.g.
(45).)
MANUFACTURING COSTS RAW MATERIALS FACTORY MANUFACTURING INVENTORY...
During January, time tickets show that the factory labor of $6,700 was used as follows: Job 1 $2,330, Job 2 $1,710, Job 3 $1,560, and general factory use (indirector) $1,100. Prepare a summary journal entry to record factory labor used. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit Jan. 31 Work in Process Inventory Manufacturing Overhead Factory Labor Click if you would like to Show Work for...
During January, its first month of operations, Dieker Company accumulated the following manufacturing costs: raw materials $5,400 on account, factory labor $7,300 of which $5,600 relates to factory wages payable and $1,700 relates to payroll taxes payable, and factory utilities payable $2,600. Prepare separate journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 31 (To record purchase of raw...
During January, its first month of operations, Bridgeport Company accumulated the following manufacturing costs: raw materials purchased $5,400 on account, factory labor $7,300, and utilities payable $2,600. In January, requisitions of raw materials for production are as follows: Job 1 $910, Job 2 $1,400, Job 3 $810, and general factory use $610. Record raw materials used. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)