A summary of material requisition slips and time tickets, along with the overhead allocation, show the following costs: Factory Material Labor Requisition Time Overhead Job No. Slips Tickets Applied 131 $505 $200 $60 132 255 240 72 133 405 200 60 134 330 320 96 Not job specific 80 160 $1,575 $1,120 $288 A. Prepare an entry to record the assignment of direct material to work in process. If an amount box does not require an entry, leave it blank. B. Prepare an entry to record the assignment of direct labor to work in process. If an amount box does not require an entry, leave it blank. C. Prepare an entry to record the assignment of manufacturing overhead to work in process. If an amount box does not require an entry, leave it blank. 88 Accounts Payable Factory Wages Payable Manufacturing Overhead Raw Materials Inventory Work in Process Inventory
A summary of material requisition slips and time tickets, along with the overhead allocation, show the following costs: Factory Material Labor Requisition Time Overhead Job No. Slips Tickets Applied 131 $505 $200 $60 132 255 240 72 133 405 200 60 134 330 320 96 Not job specific 80 160 $1,575 $1,120 $288 A. Prepare an entry to record the assignment of direct material to work in process. If an amount box does not require an entry, leave it blank. B. Prepare an entry to record the assignment of direct labor to work in process. If an amount box does not require an entry, leave it blank. C. Prepare an entry to record the assignment of manufacturing overhead to work in process. If an amount box does not require an entry, leave it blank. 88 Accounts Payable Factory Wages Payable Manufacturing Overhead Raw Materials Inventory Work in Process Inventory
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 16EB: A summary of materials requisition slips and time tickets, along with the overhead allocation, show...
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