Chap2Demo - Name: Date: Instructor: Course: Managerial...

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FileName: 4d9fed77a8f6991cf4af504057074282031eb749.xls, Tab: Chapter 2 Demo Problem, Page 1 of 3, 11/17/2009, 14:00:29 Name: Date: Instructor: Course: Manufacturing Costs Incurred Purchased raw materials on account $54,000 Factory labor $76,000 Plus employer payroll taxes $4,000 Manufacturing overhead exclusive of indirect materials and indirect labor $59,800 Assignment of Costs Direct materials Job A16 $27,000 Job B17 $21,000 Indirect materials $3,000 Direct labor Job A16 $52,000 Job B17 $26,000 Indirect labor $2,000 Manufacturing overhead rate 80% of direct labor costs Job A16 was completed and sold on account for $150,000 Job B17 was only partially completed Instructions: (1) Feb 28 Account Amount Account Amount Text or memo (2) Feb 28 Account 0 Account Amount Account Amount Text or memo (3) Feb 28 Account Amount Account Amount Text or memo (4) Feb 28 Account Amount Account Amount Account Amount Text or memo (5) Feb 28 Account Amount Account Amount Account Amount Text or memo (6) Feb 28 Account
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Chap2Demo - Name: Date: Instructor: Course: Managerial...

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