Recording Jobs Completed The following account appears in the ledger after all postings have been completed except for the entries to transfer the costs of the jobs completed in October. Work in Process Balance, October 1 $ 42,600 Direct materials 360,000 Direct labor 400,400 Factory overhead 107,000 Jobs finished during October are summarized as follows: Job 1004 $180,000 Job 1030 225,000 Job 1037 140,000 Job 1041 280,000 a. Determine the cost of jobs completed. $fill in the blank 1 b. Determine the cost of the unfinished jobs at October 31. $fill in the blank 2
Answers: 2
Business, 22.06.2019 10:30, natajaeecarr
Jack manufacturing company had beginning work in process inventory of $8,000. during the period, jack transferred $34,000 of raw materials to work in process. labor costs amounted to $41,000 and overhead amounted to $36,000. if the ending balance in work in process inventory was $12,000, what was the amount transferred to finished goods inventory?
Answers: 2
Business, 22.06.2019 13:50, Jessieeeeey
Classify each of the following items as a public good, a private good, a natural monopoly good, or a common resource.(a) measles vaccinations (b) tuna in the pacific ocean (c) airline service in the united states (d) local storm-water system
Answers: 1
Business, 23.06.2019 00:50, aaronlikly
On december 31 of the current year, the unadjusted trial balance of a company using the percent of receivables method to estimate bad debt included the following: accounts receivable, debit balance of $97,900; allowance for doubtful accounts, credit balance of $1,031. what amount should be debited to bad debts expense, assuming 6% of outstanding accounts receivable at the end of the current year are estimated to be uncollectible?
Answers: 1
Recording Jobs Completed The following account appears in the ledger after all postings have been co...
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