Entry for Issuing Materials Materials issued for the current month are as follows: Requisition No. Material Job No. Amount 103 Plastic 400 $29,720 104 Steel 402 38,870 105 Glue Indirect 2,130 106 Rubber 403 3,420 107 Titanium 404 89,450 Journalize the entry to record the issuance of materials. For a compound transaction, if an amount box does not require an entry, leave it blank. Work in Process v Factory Overhead Materials v Feedhach "Check My Work Increase the work in process for direct materials and factory overhead and decrease materials.

Entry for Issuing Materials Materials issued for the current month are as follows: Requisition No. Material Job No. Amount 103 Plastic 400 $29,720 104 Steel 402 38,870 105 Glue Indirect 2,130 106 Rubber 403 3,420 107 Titanium 404 89,450 Journalize the entry to record the issuance of materials. For a compound transaction, if an amount box does not require an entry, leave it blank. Work in Process v Factory Overhead Materials v Feedhach "Check My Work Increase the work in process for direct materials and factory overhead and decrease materials.

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter10: Accounting Systems For Manufacturing Operations

Section: Chapter Questions

Problem 10.9E: Recording issuing of materials Materials issued for the current month are as follows a. Determine...

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Entry for Issuing Materials Materials issued for the current month are as follows: Requisition No. Material Job No. Amount 103 Plastic 400 $27,480 104 Steel 402 39,040 105 Glue Indirect 2,330 106 Rubber 403 3,660 107 Titanium 404 88,880 Journalize the entry to record the issuance of materials. For a compound transaction, if an amount box does not require an entry, leave it blank.
Issuance of Materials Materials issued for the current month are as follows: Requisition Number Material Job No. Amount 201 Aluminum 500 P 88,700 202 Plastic 503 27,600 203 Rubber 504 3,650 204 Glue Indirect 2,250 205 Steel 510 38,750 Journalize the entry to record the issuance of materials.
Entry for Issuing Materials Materials issued for the current month are as follows: Requisition No. Material Job No. Amount 201 Aluminum 500 $85,480 202 Plastic 503 27,460 203 Rubber 504 3,520 204 Glue Indirect 2,280 205 Steel 510 36,420 Journalize the entry to record the issuance of materials. For a compound transaction, if an amount box does not require an entry, leave it blank. fill in the blank 2 fill in the blank 3 fill in the blank 5 fill in the blank 6 fill in the blank 8 fill in the blank 9
During August, the receipts and distributions of Material No. B4G9 are as follows: Received Aug. 3 1,100 units at $15 16 1,700 units at $17 29 900 units at $18 Issued Aug. 11 700 units for Job 116 18 1,900 units for Job 117 30 800 units for Job 118 a. Determine the cost of each of the three issues under a perpetual system, using the first-in, first-out method. b. Journalize a summary entry to record the issuance of the materials for the month, assuming that the cost of issuances is determined by the first-in, first-out method. If an amount box does not require an entry, leave it blank. i need help please
Materials issued for the current month are as follows:Requisition No. Material Job No. Amount103 Plastic 400 $ 2,800104 Steel 402 24,000105 Glue Indirect 1,620106 Rubber 403 3,200107 Titanium 404 31,600Journalize the entry to record the issuance of materials.
Materials issued for the current month are as follows: Requisition No. Material Job No. Amount 103 Plastic 400 $29,220 104 Steel 402 38,530 105 Glue Indirect 2,120 106 Rubber 403 3,670 107 Titanium 404 88,690 Journalize the entry to record the issuance of materials. If an amount box does not require an entry, leave it blank. blank - Select - - Select - - Select - - Select - - Select - - Select -
Azzarelli, Corp makes picture frames and reports the following for the month of May: Description Amount Purchases of materials on account 53,330 Subcategory,Materials requisitions: Direct Materials 49,730 Indirect Materials 1,280 Subcategory,Labor costs incurred (not yet paid): Direct Materials 24,520 Indirect Materials 1,920 Journalize the entries at the end of the month to record the transactions relating to materials and labor.Journal Date Description Debit Credit May 31 May 31 May 31 May 31 May 31 May 31 May 31 May 31
E2-13 Recording materials transactions Broadwell Manufacturing Co. maintains the following accounts in the general ledger: Materials, Work in Process, Factory Overhead, and Accounts Payable. On July 1, the materials account had a debit balance of $10,000. Following is a summary of materials transactions for the month of July: 1. Materials purchased, $35,750. 2. Direct materials requisitioned to production, $29,250. 3. Direct materials returned to storeroom, $2,200. 4. Indirect materials requisitioned to production, $3,975. 5. Indirect materials returned to storeroom, $585. a. Prepare journal entries to record the materials transactions. b. Post the journal entries to ledger accounts (in T-account form). c. What is the balance of the materials inventory account at the end of the month?
ost of Materials Issuances Under the FIFO Method An incomplete subsidiary ledger of materials inventory for May is as follows: a. Complete the materials issuances and balances for the materials subsidiary ledger under FIFO. Received Issued Balance Receiving Report Number Quantity Unit Price MaterialsRequisition Number Quantity Amount Date Quantity Unit price Amount May 1 320 $8 $2,560 27 220 $10 May 4 fill in the blank 96e897097f99fe6_1 fill in the blank 96e897097f99fe6_2 fill in the blank 96e897097f99fe6_3 fill in the blank 96e897097f99fe6_4 fill in the blank 96e897097f99fe6_5 fill in the blank 96e897097f99fe6_6 105 360 $fill in the blank 96e897097f99fe6_7 May 10 fill in the blank 96e897097f99fe6_8 fill in the blank 96e897097f99fe6_9 fill in the blank 96e897097f99fe6_10 33 150 12 May 21 fill in the blank 96e897097f99fe6_11 fill in the blank 96e897097f99fe6_12 fill in the blank…
1. The following information was reported for Gray Enterprises on December 31, 2020.Manufacturing Overhead Debit Credit 3,410 51,520 15,030 37,090 Double line4,010 Double line A. What is the actual manufacturing overhead? B. What is the allocated manufacturing overhead? C. Is manufacturing overhead underallocated or overallocated? D. Prepare the adjusting entry.Journal Date Description Debit Credit Dec. 31, 20 Dec. 31, 20 2. The following information was reported for Gray Enterprises on December 31, 2021.Manufacturing Overhead Debit Credit 2,020 56,340 15,540 31,920 Double line Double line6,860 A. What is the actual manufacturing overhead? B. What is the allocated manufacturing overhead? C. Is manufacturing overhead underallocated or overallocated? D. Prepare the adjusting entry.Journal Date Description Debit Credit Dec. 31, 20 Dec. 31, 20
Journalize the entries for the following transactions: March 10: 600 units of raw materials were purchased on account at $6.00 per unit. March 15: 500 units of raw materials were requisitioned at $6.50 per unit for production, Job 872. March 25: 400 units of raw materials were requisitioned at $6.00 per unit for production, Job 879. If an amount box does not require an entry, leave it blank. Date Account Debit Credit March 10 March 15 March 25
The journal entry to record the issuance of direct materials represented by the following materials requisitions for the month includes: Requisition Number Description Amount 372 Job Number 179 $ 5,650 373 Job Number 184 $ 4,100 374 Job Number 180 $ 4,925 375 General factory use $ 765 376 Job Number 182 $ 2,870 A debit and credit to which accounts?