Answer Happy

Coronado Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter's production. 2 Materials purchased on account $197.100, and factory wages incurred $93.300 Materials requisitioned and factory labor used by job: Job Number A20 A21 A22 A23 General factory use Materials $37,840 44,620 36,700 40,370 5,270 $164,800 Factory Labor $19,000 23,700 15,700 26,500 8,400 $93,300
3. 4. 5. 6. 7. Manufacturing overhead costs incurred on account $52,200. Depreciation on factory equipment $16,750. Depreciation on the company's office building was $15,000. Manufacturing overhead rate is 86% of direct labor cost. Jobs completed during the quarter: A20, A21, and A23. Prepare a schedule showing the individual cost elements and total cost for each job in item 7.
Prepare a schedule showing the individual cost elements and total cost for each job in tem 7. Direct Materials Manufacturing Overhead Job A20 A21 A23 Direct Labor 000 $ Total
No. Account Titles and Explanation (1) (2) (To record materials purchases) (To record factory wages) (To record materials put into production) Debit when amount is entered to Credit
(3) 2 (5) (To recond materiais put into production) (To record labor put into production) II
3 (9) (S)