During January, Ark employees worked on Job #479. At the end of the month, $714 of overhead had been applied to this job. Total Work in Process Inventory at the end of the month was $6,800 and all other jobs had a total cost of $3,981. What amount of direct material is included in Job #479? a. $677 b. $1,391 c. $2,142 d. $4,658

Q: The following events occurred during March for Ajax Company. Materials were purchased on account…

A: Introduction: Journals: Recording of a business transactions in a chronological order. First step in…

Q: In January, Dieker Company requisitions raw materials for production as follows: Job 1 $940, Job 2…

A: The preparation of the jobs costs sheet for the given jobs will be as provided below:

Q: The following account appears in the ledger prior to recognizing the jobs completed in January: Work…

A: GIVEN   The following account appears in the ledger prior to recognizing the jobs completed in…

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A: Opening balance 24000   Direct materials 70000   Direct labour 60000   Applied Overheads 48000…

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A: Solution:    Job No. 701   Job No. 702   Job No. 703   Job No. 704  Materials        30,000.00…

Q: Reyes Manufacturing Company uses a job order cost system. At the beginning of January, the company…

A: Step 1:T Accounts are prepared with the help of journal entries passed. Journal entries are written…

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Q: end of April, Cavy Company had completed Jobs 766 and 765. The individual job cost sheets reveal the…

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A: The predetermined overhead rate is calculated as estimated overhead cost divided by estimated base…

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A: Solution: Overhead rate = $180,000 / $240,000 = 75% of DL costs Cost of ending WIP  = Beginning WIP…

Q: During May, Keenan Company accumulated 850 hours of direct labor costs on Job 200 and 700 hours on…

A: Total direct labor cost = Labor cost incurred on Job 200 + Labor cost incurred on 305 = (Number of…

Q: How much is total cost of goods manufactured? * A company uses job order costing. At the beginning…

A: Cost of beginning WIP = (P4,000 + P1,400) + (P2,000 + P600) + (P3,000 + P900) = P11,900…

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A: Introduction:- Calculation of ending work-in-progress as follows:- Particulars Amount Beginning…

Q: Time tickets indicated 900 labor hours in the production of Job .115, out of which 600 were direct…

A: Journal entries are passed following the golden rules of accounting Debit all assets and expenses…

Q: During May, Bergan Company accumulated 2,500 hours of direct labor costs on Job 200 and 3,000 hours…

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Q: a job order costing. Manufacturing overhead is applied using a predtermined rate based on direct…

A: The overheads are applied to production on the basis of predetermined overhead rate.

Q: Dacosta Corporation had only one job in process on May 1, The Job had been charged with $2.250 of…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Required:1. Calculate the predetermined overhead rate based on direct labor cost.2. Calculate the…

A: Hi student Since there are multiple subparts, we will answer only first three subparts.

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A: Cost Accounting-  It is a division of accounting that is related with calculation of total and per…

Q: Adorable Company has a job order cost system. For the month of April, the following debits (credits)…

A: Solution: Total balance of Job 100 at the end of period = 24,000 + 80,000 + 60,000 + 60,000 -…

Q: During the month, Job AB2 used specialized machinery for 450 hours and incurred $500 in utilities on…

A: Introduction: Journals: Recording of a business transactions in a chronological order. First step in…

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A: As per  the inventory equation,  Opening stock + Purchases=closing stock + materials consumed

Q: Dixie Company, which applies overhead at the rate of 190% of direct material cost, began work on job…

A: Overhead costs are the indirect costs incurred in the manufacturing of products like indirect…

Q: Marco Company shows the following costs for three jobs worked on in April. Balances on March 31…

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Q: The following events occurred during March for Ajax Company. A. Materials were purchased on account…

A: The journal entries follow the job costing process from the purchase of raw materials, allocation of…

Q: At the end of April, Cavy Company had completed Jobs 766 and 765. The individual job cost sheets…

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Q: Alles Company uses a job costing system that applies factory overhead on the basis of direct labor…

A: Predetermined Overhead Rate: Predetermined overhead rate is a measure used to allocate the estimated…

Q: Time tickets indicated 8,000 labor hours in the production of Job .115, out of which 1,000 were…

A: Direct Labor Hours = 7,000 Indirect Labor Hours = 1,000 Factory Wages = 7000 x $ 10 = $ 70,000…

Q: During January, Triple A's employees worked on Job 003. P714 of overhead had been applied to this…

A: In production, the cost that is used in producing a product is called manufacturing cost. These…

Q: Toan Incorporated uses a job-order costing system and its total manufacturing overhead applied…

A: Job costing is one of the method of costing under which all costs and expenses are being calculated…

Q: How much is total cost of goods manufactured? A company uses job order costing. At the beginning of…

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Q: A company has the following transactions during the week. Purchase of $900 raw materials inventory…

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A: The cost of goods sold includes the goods that are sent to customers by the organisation.

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Q: Galope Company employs the job order cost system. Relevant data for the month just ended are as…

A: Job costing is a type and form of costing under which all costs and expenses are being analysed on…

Q: The following account appears in the ledger after only part of the postings have been completed for…

A: "Hey, since there are multiple questions posted, we will answer the first question. If you want any…

Q: During May, Keenan Company accumulated 740 hours of direct labor costs on Job 200 and 880 hours on…

A: Direct labor is the cost which is incurred on the labor involved in the making of the goods. It is a…

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A: Job costing is a costing method used to determine the cost of specific jobs, which are performed…

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Q: The Kamandag Corporation began operations on October 1. It employs a job order costing system.…

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A: Overheads are the indirect costs and expenses related to production and manufacturing of products.…

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Q: PAMELA Manufacturing Company uses a job order cost system. The following debits (credits) appeared…

A: Ending WIP = Beginning WIP + Charges during the year - transferred to finished goods =…