Business, 28.01.2020 20:45 eileentennyson
Entries and schedules for unfinished jobs and completed jobs hildreth company uses a job order cost system. the following data summarize the operations related to production for april 2014, the first month of operations: materials purchased on account, $147,000. materials requisitioned and factory labor used:
job no. materials factory labor
101 $19,320 $19,500
102 23,100 28,140
103 13,440 14,000
104 38,200 36,500
105 18,050 15,540
106 18,000 18,700
for general factory use 9,000 20,160
factory overhead costs incurred on account, $6,000. depreciation of machinery and equipment, $4,100. the factory overhead rate is $40 per machine hour. machine hours used:
job machine hours
101 154
102 160
103 126
104 238
105 160
106 174
total 1,012
1. journalize the entries to record the summarized operations. for a compound transaction, if an amount box does not require an entry, leave it blank or enter "0"
Answers: 1
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Entries and schedules for unfinished jobs and completed jobs hildreth company uses a job order cost...
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