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i Data Table - Kimberloo Corporation manufactures custom cabinets for kitchens. It uses a normal.costing system...

i Data Table - Kimberloo Corporation manufactures custom cabinets for kitchens. It uses a normal.costing system with two direi Data Table Kimberlee Corporation manufactures custom cabinets for kitchens. It uses a normal-costing system with two directData Table Kimberlee Corporation manufactures custom cabinets for kitchens. It uses a normal-costing system with two direct c

i Data Table - Kimberloo Corporation manufactures custom cabinets for kitchens. It uses a normal.costing system with two direct cost categories-direct materials and direct manufacturing laborand one indirect cost pool, manufacturing overhead costs. It provides the following information for April 2020: (Click the icon to view the information for 2020.) The following (Click the Read the real Present the joumal entry for (a) usage of direct and indirect materials. (Record debits first, then credits. Explanations are not required.) Journal Entry Accounts Debit Credit Actual direct materials used $ 30,000 Actual direct manufacturing labor costs paid in cash $ 55,000 Indirect materials used $ 1,500 Supervision and engineering salaries paid in cash $ $ 51.000 Plant utilities and repairs paid in cash S 14,000 Plant depreciation S $ 15,000 Actual direct manufacturing labor-hours 3,100 Cost of individual jobs completed and transferred to finished goods $ 210,000 Cost of goods sold $ 145,000 (a) Present the journal entry for (b) manufacturing labor incurred Print Done Journal Entry Accounts Debit Credit (b) Data Table $ 1,295,000 Present the journal entry for (c) manufacturing overhead costs incurred. Budgeted manufacturing overhead costs Budgeted direct manufacturing labor-hours 37,000 hours Journal Entry APPArnte nahle Crorit Print Done Choose from any list or enter any number in the input fields and then continue to the next question.
i Data Table Kimberlee Corporation manufactures custom cabinets for kitchens. It uses a normal-costing system with two direct cost categorlos-direct materials and direct manufacturing labor-and one Indirect cost pool, manufacturing overhead costs. It provides the following information for April 2020: (Click the icon to view the information for 2020.) The following E: (Click the Read the reg $ Present the journal entry for (c) manufacturing overhead costs incurred. S 30,000 55,000 1,500 S Journal Entry Accounts S 51,000 Debit Credit Actual direct materials used Actual direct manufacturing labor costs paid in cash Indirect materials used Supervision and engineering salaries paid in cash Plant utilities and repalrs paid in cash Plant depreciation Actual direct manufacturing labor-hours Cost of individual jobs completed and transferred to finished goods Cost of goods sold S 14,000 15,000 S 3,100 $ 210,000 $ 145,000 Present the journal entry for (d) allocation of manufacturing overhead costs to jobs. Journal Entry Print Done Accounts Debit Credit (d) i Data Table $ 1,295,000 Present the journal entry for (e), cost of jobs completed and transferred to finished goods. Budgeted manufacturing overhead costs Budgeted direct manufacturing labor-hours 37,000 hours Journal Entry Accounts Debit Credit Print Done Choose from any list or enter any number in the input fields and then continue to the next question.
Data Table Kimberlee Corporation manufactures custom cabinets for kitchens. It uses a normal-costing system with two direct cost categories-direct materials and direct manufacturing labor-and one indirect cost pool, manufacturing overhead costs. It provides the following information for April 2020: !! (Click the icon to view the information for 2020.) The following (Click the Read the real $ 30.000 $ $ 55,000 1,500 51.000 $ Actual direct materials used Actual direct manufacturing labor costs paid in cash Indirect materials used Supervision and engineering salaries paid in cash Plant utilities and repairs paid in cash Plant depreciation Actual direct manufacturing labor-hours Cost of individual jobs completed and transferred to finished goods Cost of goods sold $ Present the journal entry for (o), cost of jobs completed and transferred to finished goods. $ 14,000 15,000 3,100 Journal Entry Accounts Debit Credit $ 210,000 145,000 (e) S Print Done Present the journal entry for (1) cost of goods sold. Data Table Journal Entry Accounts Debit Credit (0) $ Budgeted manufacturing overhead costs Budgeted direct manufacturing labor-hours 1,295,000 37,000 hours Print Done Choose from any list or enter any number in the input fields and then continue to the next question.
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ReportAnswer #1
Transaction Accounts Debit Credit
$ $
a. Work in process inventory 30,000
Manufacturing overhead 1,500
Materials inventory 31,500
b. Work in Process Inventory 55,000
Manufacturing Overhead 51,000
Cash 106,000
c. Manufacturing Overhead 29,000
Cash 14,000
Accumulated Depreciation 15,000
d. Work in Process Inventory 108,500
Manufacturing Overhead ( 1,295,000 / 37,000) * 3,100 108,500
e. Finished Goods Inventory 210,000
Work in Process Inventory 210,000
f. Cost of Goods Sold 145,000
Finished Goods Inventory 145,000
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