lab April 5th - 282000 i Factory Overhead 192000 Dep....

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Matt Abbio Part 1: Job No. 487 Job No. 488 Materials 60000 Materials 40000 Labor 16000 Labor 14000 Overhead 32000 Overhead 28000 Total cost 108000 Total Cost 82000 Job No. 489 Job No. 490 Materials 24000 Materials 28000 Labor 50000 Labor 52000 Overhead 100000 Overhead 104000 Total Cost 174000 Total Cost 184000 Job No. 491 Materials 8000 Labor 4000 Overhead 8000 Total Cost 20000 Part 2: a Raw Materials Inv. 250000 Accounts Pay 250000 b Factory Payroll 168000 cash 168000 c Factory Overhead 22000 Cash 22000 d Goods in Process inv. 160000 Factory Overhead 24000 Raw Materials Inv. 184000 e Goods in Process Inv. 136000 Factory Overhead  32000 Factory Payroll 168000 f Goods in Process inv. 23600 Factory Overhead 23600 g Finished Goods inv. 466000 Goods in Process Inv. 466000 h Accounts Receivable 680000 Sales 680000
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Cost of Good Sold 282000 Finished Goods Inv.
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Unformatted text preview: 282000 i Factory Overhead 192000 Dep. Buliding 74000 Dep. Equip 42000 Prepain Insure 14000 Tax Pay 62000 j Goods in Process Inv. 36000 Factory Overhead 36000 Part 3: Raw Material: Goods in Process: dr:250000 cr:184000 dr:160000 cr: 466000 132000 236000 36000 Bal:66000 Bal:102000 Finished Goods: dr:466000 cr: 282000 Bal:184000 Factory Pay: Factory Overhead: dr:168000 cr:168000 dr:22000 cr:236000 24000 36000 32000 196000 Bal:0 Bal:2000 Cost of Goods: dr:282000 Bal:282000 Part 4: Goods in Process Inv. No:488 82000 N0::491 20000 Bal: 102000 Finished Goods Inv. No.490 184000 Bal: 184000 Cost of Goods Sold. No.487 108000 No.489 174000 Bal. 282000...
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This note was uploaded on 05/29/2010 for the course ACC 201 taught by Professor Mr.ishbo during the Spring '10 term at Abraham Baldwin Agricultural College.

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lab April 5th - 282000 i Factory Overhead 192000 Dep....

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