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Calculator Entries for Factory Costs and Jobs Completed Old School Publishing Inc began printing operations on January 1. Jobs301 and 302 were completed during the month, and all costs applicable to them were recorded on the sheets, Jobs 303 and 304 are still in process at the end of the month, and all applicable costs except factory overhead have been recorded on the related cost sheets. In ad materials and labor charged directly to the job, $1.540 of indirect materials and $18.640 of indirect labor were used during the month. The cost sheets for the four jobs ant production during the month are as follows. In summary form Job 101 Job 302 Direct materials $15.940 $7.450 Direct materials Direct labor Direct labor 2.200 Factory overhead Factory overhead Total $12.410 Total ab 103 Direct materials $4,590 Job 304 Direct materials Direct labor $20.610 6.000 900 Direct labor Factory overhead Factory overhead Journalize the summary entry to record each of the following operations for January (one entry for each operation) compound transaction. If an amount box does not require an entry leave it blank .. Direct and indirect materials used for compound transaction, if an amount box does not require an entry leave it bank b. Direct and indirect labor used for All work saved Cale 13:04 Job 303 Job 304 Direct materials $20.610 Direct materials $4,590 Direct labor 6,800 Direct labor 900 Factory overhead Factory overhead Journalize the summary entry to record each of the following operations for January (one entry for a. Direct and indirect materials used. For a compound transaction, if an amount box does not req b. Direct and indirect labor used. For a compound transaction, if an amount box does not require c. Factory overhead applied to all four jobs (a single overhead rate is used based on direct labor d. Completion of Jobs 301 and 302. All work saved https://2.cengagenow.com/ilm 80% ... ☆ OB Calculator Entries for Factory Costs and Jobs Completed Old School Publishing Inc. began printing operations on January 1. Jobs 301 and 302 were completed during the month, and all costs applicable to them were recorded on the related cost sheets. Jobs 303 and 304 are still in process at the end of the month, and all applicable costs except factory overhead have been recorded on the related cost sheets. In addition to the materials and labor charged directly to the jobs, $1,540 of indirect materials and $18,640 of indirect labor were used during the month. The cost sheets for the four jobs entering production during the month are as follows, in summary form Job 301 Job 302 Direct materials $15,940 $7.450 Direct materials Direct labor Direct labor 6,100 3.200 Factory overhead 3.355 Factory overhead 1.750 Total $25,395 Total $12.410 Job 303 Job 304 Direct materials $20.610 Direct materials $4,590 Direct labor 6.800 Direct labor 900 Factory overhead Factory overhead Journalize the summary entry to record each of the following operations for January (one entry for each operation): a. Direct and indirect materials used for a compound transaction, if an amount box does not require an entry, leave it blank. Previous Next All work saved Submit Test for Calculator Direct labor 6,800 Direct labor 900 Factory overhead Factory overhead Journalize the summary entry to record each of the following operations for January (one entry for each operation): a. Direct and indirect materials used. For a compound transaction, if an amount box does not require an entry, leave it blank. b. Direct and indirect labor used. For a compound transaction, if an amount box does not require an entry. leave it blank c. Factory overhead applied to all four jobs (a single overhead rate is used based on direct labor cost). d. Completion of Jobs 301 and 302. Previous
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