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Current Attempt in Progress Oriale Printing Corp. uses a job arder cost system. The following
data summarize the cperations related to the first quarter's praductian. 1. Materials purchased on
account $168 , 960 , and factory wages incurred $77 , 000 . 2. Materials requisitioned and factory
labor used byjabc 3. Manufacturing overhead costs incurred on account $43,560. (Hint: Use
Accounts Payable.) 4. Depreciation an factory equipment $12 , 800 . 5. Depreciation an the
compary's affice building was $12 , 600 . 6. Manufacturing overhead rate is 90% of direct labor
cost. 7. Jobs completed during the quarter: A20, A21, and A23. Prepare a schedule shawing the
individual cost elements and total cost for each job in item 7. Prepare entries to record the
aperations summarized abave. (List ail debit entries before credit entries. Credit account tities are
automatically indented when amount is entered. Do not indent manualiyJ

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Current Attempt in Progress Oriale Printing Corp- uses a job arder cos.pdf

  • 1. Current Attempt in Progress Oriale Printing Corp. uses a job arder cost system. The following data summarize the cperations related to the first quarter's praductian. 1. Materials purchased on account $168 , 960 , and factory wages incurred $77 , 000 . 2. Materials requisitioned and factory labor used byjabc 3. Manufacturing overhead costs incurred on account $43,560. (Hint: Use Accounts Payable.) 4. Depreciation an factory equipment $12 , 800 . 5. Depreciation an the compary's affice building was $12 , 600 . 6. Manufacturing overhead rate is 90% of direct labor cost. 7. Jobs completed during the quarter: A20, A21, and A23. Prepare a schedule shawing the individual cost elements and total cost for each job in item 7. Prepare entries to record the aperations summarized abave. (List ail debit entries before credit entries. Credit account tities are automatically indented when amount is entered. Do not indent manualiyJ