Business, 20.10.2021 17:40 Brainly264

Smokey Clear Systems manufactures specialty air cleaning equipment for casinos. Since the equipment is unique, Smokey designs each piece to customer specifications. The company uses a job-order cost system and applies overhead on the basis of machine hours using a predetermined overhead rate. For the year, budgeted manufacturing overhead is $6,750,000 and the expected activity level is 120,000 machine hours. Data regarding jobs in February are presented below. By the end of February 2021, all jobs but UY724 & TX825 were completed, and all completed jobs had been delivered to customers with the exception of AR987 and OR123.
BalanceDirectDirectMachine
1/31/2021MaterialsLaborHours
CO456$187,576$68,657$28,400745
AR987169,74517,62512,160145
OR123103,90021,68015,460380
UY72418,670167,40048,0002,800
CA9960115,000136,8003,300
TX825028,90012,5801,700
What is the ending balance in Work in Process for February?
What is the cost of goods manufactured during February?
What is the journal entry for COGS for February?

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Smokey Clear Systems manufactures specialty air cleaning equipment for casinos. Since the equipment...

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