250_Hwk_Chapter_4A

250_Hwk_Chapter_4A - 900,000 Accounts payable 900,000 b WIP...

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ACCT 250 HOMEWORK CHAPTER 3C 917fbe9726652d61371d6e53e9098902e613ee21.xls PAGE 1 OF 2 E4-28 1 Estimated Factory overhead 579,500 Divide by: Estimated units of overhead driver 95,000 POHR 6.10 of overhead per direct labor hour Direct materials requisitioned 45,000 Direct labor 23,100 Factory overhead 25,620 Total September costs of Job A 93,720 Plus: Beginning WIP (All Job A) 31,200 Total cost of Job A 124,920 2 Total Direct labor hours (Jobs A & B) 7,700 Times: POHR 6.10 Total Factory overhead applied 46,970 3 Indirect labor 13,500 Supervisory salaries 6,000 Rental cost - Factory 7,000 Equipment depreciation - Factory 7,500 Indirect materials 12,000 Total Factory overhead 46,000 Less: Total Factory overead applied 46,970 Factory overhead (over)/under applied (970)
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ACCT 250 HOMEWORK CHAPTER 3C 917fbe9726652d61371d6e53e9098902e613ee21.xls PAGE 2 OF 2 E4-30 1 Estimated Factory overhead 1,980,000 Divide by: Estimated units of overhead driver 66,000 POHR 30.00 of overhead per machine hour 2 a Raw materials inventory
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Unformatted text preview: 900,000 Accounts payable 900,000 b WIP inventory 525,000 Factory overhead 75,000 Raw materials inventory 600,000 c WIP inventory 240,000 Factory overhead 40,000 Wages payable 280,000 d Factory overhead 75,700 Accumulated depreciation 75,700 e Factory overhead 3,500 Prepaid insurance 3,500 f Factory overhead 8,500 Cash 8,500 g Finished goods inventory 84,500 WIP inventory 84,500 h COGS 77,000 Finished goods inventory 77,000 Sales 103,950 Accounts receivable 103,950 i WIP inventory 231,000 Factory overhead applied 231,000 3 Total Factory overhead 202,700 Less: Total Factory overead applied 231,000 Factory overhead (over)/under applied (28,300) Factory overhead applied 231,000 COGS 28,300 Factory overhead 202,700 E4-33 1 Estimated Factory overhead 325,000 Divide by: Estimated units of overhead driver 25,000 POHR 13.00 of overhead per professional hou 2 Direct materials 32,000 Direct labor 60,000 Factory overhead 15,600 Total cost 107,600 Bill to customer 161,400...
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