Shellenback Incorporated has provided the following information for the year ended 20x8:
Purchased raw materials on account for $203,800.
Issued $188,800 in raw materials to production ($15,800 were not traceable to specific jobs).
Incurred $158,800 in direct labor costs (18,550 hours), $56,300 in supervision costs (paid in
cash).
Incurred the following additional manufacturing overhead costs: factory lease $25,800 (paid in
cash); depreciation on equipment $29,800; factory utilities $17,300 (paid in cash).
Incurred the following nonmanufacturing costs, both paid in cash: advertising $58,800; sales
commissions $61,800.
Applied manufacturing overhead to jobs in process at a rate of $9 per direct labor hour.
Completed jobs costing a total of $460,800.
Sold jobs for $738,800 on account. The cost of the jobs was $444,800.
Closed the manufacturing overhead account balance.
Required:
Prepare the journal entries to record these transactions. (If no entry is required for a
transaction/event, select "No Journal Entry Required" in the first account field.).
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Shellenback Incorporated has provided the following information for .pdf
1. Shellenback Incorporated has provided the following information for the year ended 20x8:
Purchased raw materials on account for $203,800.
Issued $188,800 in raw materials to production ($15,800 were not traceable to specific jobs).
Incurred $158,800 in direct labor costs (18,550 hours), $56,300 in supervision costs (paid in
cash).
Incurred the following additional manufacturing overhead costs: factory lease $25,800 (paid in
cash); depreciation on equipment $29,800; factory utilities $17,300 (paid in cash).
Incurred the following nonmanufacturing costs, both paid in cash: advertising $58,800; sales
commissions $61,800.
Applied manufacturing overhead to jobs in process at a rate of $9 per direct labor hour.
Completed jobs costing a total of $460,800.
Sold jobs for $738,800 on account. The cost of the jobs was $444,800.
Closed the manufacturing overhead account balance.
Required:
Prepare the journal entries to record these transactions. (If no entry is required for a
transaction/event, select "No Journal Entry Required" in the first account field.)
