p2-5a - FileName:...

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Unformatted text preview: FileName: ea30ff93304527f7f91a6bd70693fb927fe3f159.xls, Tab: Problem P2-5A, Page 1 of 2, 12/28/2011, 19:01:54 Name: Date: Instructor: Course: Raw Materials 07/01 Beginning balance 19,000 07/31 Requisitions (a) 88,900 07/31 Purchases 90,400 07/31 Ending balance (b) Amount Work in Process Inventory 07/01 Beginning balance (c) Amount 07/31 Jobs completed (f) Amount 07/31 Direct materials 80,000 07/31 Direct labor (d) Amount 07/31 Overhead (e) Amount 07/31 Ending balance (g) Formula Finished Goods Inventory 07/01 Beginning balance (h) Amount 07/31 Cost of goods sold (j) Amount 07/31 Completed jobs (i) Amount 07/31 Ending balance (k) Formula Factory Labor 07/31 Factory wages (l) Amount 07/31 Wages assigned (m) Amount Manufacturing Overhead 07/31 Indirect materials 8,900 07/31 Overhead applied 117,000 07/31 Indirect labor 16,000 07/31 Other overhead (n) Amount Other information: 1. On July 1, two jobs were in process: Job No. 4085 with costs of $19,000 Job No. 4086 with costs of $8,200 2. During July, Job Nos. 4087, 4088, and 4089 were started. On July 31, only Job No. 4089 was unfinished. This job had charges for direct2....
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This note was uploaded on 12/28/2011 for the course ACCT 221 taught by Professor Leonarda.bacon during the Winter '07 term at CSU Bakersfield.

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p2-5a - FileName:...

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