A. Time cards showing direct labor: $750 B. Time cards showing indirect labor: $100 C. Purchased repair supplies on account: $1,500 D. Issued indirect supplies: $350 E. Utilities expense on account: $24,000 F. Overhead applied: 100% of direct labor costs Journalize the listed transactions.
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A leather repair shop incurred the following expenses while repairing luggage for a major airline.
A. Time cards showing direct labor: $750
B. Time cards showing indirect labor: $100
C. Purchased repair supplies on account: $1,500
D. Issued indirect supplies: $350
E. Utilities expense on account: $24,000
F.
Journalize the listed transactions.
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- A leather repair shop incurred the following expenses while repairing luggage for a major airline. Time cards showing direct labor: $750 Time cards showing indirect labor: $100 Purchased repair supplies on account: $1,500 Issued indirect supplies: $350 Utilities expense on account: $24,000 Overhead applied: 100% of direct labor costs Journalize the listed transactions.PB14. A leather repair shop incurred the following expenses while repairing luggage for a major airline. A. Time cards showing direct labor: $750 B. Time cards showing indirect labor: $100 C. Purchased repair supplies on account: $1,500 D. Issued indirect supplies: $350 E. Utilities expense on account: $24,000 F. Overhead applied: 100% of direct labor costs Journalize the listed transactions.a. Incurred $105,000 of direct labor in its Mixing department and $90,000 of direct labor in its Shaping department. Hint. Credit Factory Wages Payable. b. Incurred indirect labor of $23,000. Hint. Credit Factory Wages Payable. View transaction list Journal entry worksheet
- A company that uses job order costing incurred a monthly factory payroll of $200,000. Of this amount, $52,000 is indirect labor and $148,000 is direct labor. Prepare journal entries to record the (a) use of direct labor and (b) use of indirect labor. View transaction list Journal entry worksheet 1 2 > Record the cost of direct labor used. Note: Enter debits before credits. Transaction General Journal Debit Credit а. Record entry Clear entry View general journalPrepare journal entries to record the following production activities. 1. Paid other actual overhead costs of $38,000 in cash. 2. Applied overhead at 100% of direct labor costs. Direct labor costs were $42,000 in the Roasting department Blending department. View transaction list Journal entry worksheet A B Record overhead costs paid. Note: Enter debits before credits. Transaction 1 Record entry General Journal Clear entry Debit Credit View general journalJournalize the following transactions for Becah's Bakery:Becah's Bakery a. Incurred and paid Website expenses, $2,920. b. Incurred manufacturing wages of $10,900, of which 80% was for direct labor and 20% of which was for indirect labor. c. Purchased raw materials on account, $18,130. d. Used in production: direct materials, $8,100; indirect materials $3,670. e. Recorded manufacturing overhead: depreciation on plant, $14,410; plant insurance (previously paid), $1,460; plant property tax, $3,720 (credit Property Tax Payable). f. Allocated manufacturing overhead to jobs, 230% of direct labor costs. g. Completed production on jobs with costs of $35,240. h. Sold inventory on account, $25,040; cost of goods sold, $12,310. i. Adjusted for overallocated or underallocated overhead. Journal Date Description Debit Credit a. a. b. b. b. c. c. d. d. d. e. e.…
- Journalize the following transactions for Becah's Bakery: Becah's Bakery a. Incurred and paid Website expenses, $2,760. b. Incurred manufacturing wages of $10,100, of which 70% was for direct labor and 30% of which was for indirect labor. c. Purchased raw materials on account, $19,180. d. Used in production: direct materials, $8,020; indirect materials $3,720. e. Recorded manufacturing overhead: depreciation on plant, $14,150; plant insurance (previously paid), $1,340; plant property tax, $3,670 (credit Property Tax Payable). f. Allocated manufacturing overhead to jobs, 230% of direct labor costs. g. Completed production on jobs with costs of $36,770. h. Sold inventory on account, $26,680; cost of goods sold, $12,230. i. Adjusted for overallocated or underallocated overhead.ournalize the following transactions for Becah's Bakery: Becah's Bakery a. Incurred and paid Website expenses, $2,610. b. Incurred manufacturing wages of $10,900, of which 70% was for direct labor and 30% of which was for indirect labor. c. Purchased raw materials on account, $18,040. d. Used in production: direct materials, $7,970; indirect materials $3,630. e. Recorded manufacturing overhead: depreciation on plant, $14,190; plant insurance (previously paid), $1,440; plant property tax, $3,650 (credit Property Tax Payable). f. Allocated manufacturing overhead to jobs, 230% of direct labor costs. g. Completed production on jobs with costs of $35,580. h. Sold inventory on account, $25,980; cost of goods sold, $12,650. i. Adjusted for overallocated or underallocated overhead.A company that uses job order costing incurred a monthly factory payroll of $223,500. Of this amount, $43,000 is indirect labor and $180,500 is direct labor. Prepare journal entries to record the (a) use of direct labor and (b) use of indirect labor. View transaction list Journal entry worksheet < 1 Record the cost of direct labor used. 2 Note: Enter debits before credits. Transaction a. Record entry General Journal Clear entry Debit Credit View general journal
- 2 Record the cost of Indirect labor used. Note: Enter debits before credits. Transaction b. Record entry General Journal Clear entry Debit Credit View general journalInfo in images Prepare journal entries to record the preceding transactions. The raw materials were purchased for use in production, $265,000 on account. Note: Enter debits before credits. Transaction General Journal Debit Credit a. The raw materials used in production (all direct materials), $250,000. Note: Enter debits before credits. Transaction General Journal Debit Credit b. The utility bills were incurred on account, $72,000 (85% related to factory operations, and the remainder related to selling and administrative activities). Note: Enter debits before credits. Transaction General Journal Debit Credit c. The salary and wage costs accrued were $295,000 (Direct labor), $103,000 (Indirect labor), $175,000 (Selling and administrative salaries). Note: Enter debits before credits. Transaction General Journal Debit Credit d. The maintenance…Prepare journal entries to record transactions a through h. a. Raw materials purchased on credit, $96,000. b. Direct materials used, $41,000. Indirect materials used, $18,600. c. Direct labor used, $32,000. Indirect labor used, $8,000. (Record using Factory Wages Payable.) d. Paid cash for other actual overhead costs, $8,000. e. Applied overhead at the rate of 120% of direct labor cost. f. Transferred cost of jobs completed to finished goods, $60,000. g. Sales of jobs on credit was $85,000. h. Cost of jobs sold was $60,000. View transaction list Journal entry worksheet