250_Hwk_Chapter_4A

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

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
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)
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
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
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

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...
View Full Document

This homework help was uploaded on 04/18/2008 for the course ACCTG 250 taught by Professor Rabe during the Spring '08 term at Luther.

Page1 / 2

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

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online