COMPLETE PROBLEMS to howed news andmined a bar conmo no baie vinn21. Boussard Company, which uses normal job costing, incurred the following costs last perioddi (A indicates paid on account; C indicates paid in cash):sol000,01 Emas dalkw (bandung alaotien hoibai lietDirect materials purchases$200,000 AHow to desiIndirect materials purchases12,000 ASERDirect materials used180,000Indirect materials used10,000Direct laborom yol,000,300,000 AMisc manufacturing overhead incurred480,000 Cava basingoon brn strypaManufacturing overhead applied450,000Good units completed875,000Spoiled units (normal)25,000Spoiled units (abnormal, incomplete)10,000 leistas furoj se2,000 CorRework (normal)Rework (abnormal)8,000 CUnits sold850,000Period expenses500,000 CBoussard had no beginning inventories of any kind last period. The beginning balance inthe cash account was $1,000,000.Make all journal entries in the normal costing system for the period and post them tot-accounts.Leo 000,02 b

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Description: COMPLETE PROBLEMS to howed news andmined a bar conmo no baie vinn21. Boussard Company, which uses normal job costing, incurred the following costs last perioddi (A indicates paid on account; C indicates paid in cash):sol000,01 Emas dalkw (bandung al

Job costing is a method of costing in which all the costs associated with a particular job or task…

Business

Accounting

21. Boussard Company, which uses normal job costing, incurred the following costs last period di (A indicates paid on account; C indicates paid in cash): 000.01 Ima daldby (banding alotun Fanibal lle as w Direct materials purchases $200,000 A oldes i 12,000 A Indirect materials purchases Direct materials used linu asmara dol sdl 091180,000

21. Boussard Company, which uses normal job costing, incurred the following costs last period di (A indicates paid on account; C indicates paid in cash): 000.01 Ima daldby (banding alotun Fanibal lle as w Direct materials purchases $200,000 A oldes i 12,000 A Indirect materials purchases Direct materials used linu asmara dol sdl 091180,000

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter4: Job Order Costing

Section: Chapter Questions

Problem 2PA: York Company Is a machine shop that estimated overhead will be $50,000, consisting of 5,000 hours of...

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