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hw_solution_7 - 7-17 Assigning Costs to Jobs Barry Snyder...

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Unformatted text preview: 7-17. Assigning Costs to Jobs: Barry Snyder, Inc.a.1.Materials Inventory............................................................4,000Accounts Payable..........................................................4,0002.Manufacturing Overhead Control......................................200Materials Inventory........................................................2003.Materials Inventory............................................................5,000Accounts Payable..........................................................5,0004.Accounts Payable..............................................................4,000Cash...............................................................................4,0005.Work-in-Process—Direct Materials...................................6,000Materials Inventory........................................................6,0006.Work-in-Process—Direct Labor.........................................5,000Payroll Payable..............................................................5,0007.Manufacturing Overhead Control......................................4,300Cash...............................................................................4,3008.Work-In-Process—Overhead ($5,000 x 125%)................6,250Applied Manufacturing Overhead.................................6,2509.Manufacturing Overhead Control......................................1,000Accumulated Depreciation—Property, Plant andEquipment.................................................................1,000b....
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hw_solution_7 - 7-17 Assigning Costs to Jobs Barry Snyder...

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