accounting

posted by .

RC Corp. uses a job order cost accounting system. During the month of April, the following events occurred:
(a) Purchased raw materials on credit, $32,000.
(b) Raw materials requisitioned: $25,800 as direct materials and $10,500 indirect materials.
(c) Paid factory payroll for the month totaling $37,700 which includes $8,200 indirect labor.
(d) Assigned the factory payroll to jobs and overhead.
Make the necessary journal entries to record the above transactions and events. (Use letters above as dates.

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. accounting

    The Bags and Luggage Company had the following account balances as of January 1: Direct Materials Inventory $ 8,700 Work in Process Inventory 76,500 Finished Goods Inventory 53,000 Manufacturing Overhead - 0 - During the month of January, …
  2. accounting

    2. Illustrate effects on the accounts and financial statements of each of the following transactions. For a company using a job order cost system: (a) Materials purchased on account $176,000 (b) Materials requisitioned: For production …
  3. managerial Accounting

    Smith Co uses a standard cost system for its single product in which variable manufacturing overhead is applied on the basis of direct labor hours. The following information is given: 4 Standard costs per unit: Raw materials (1.5 grams …
  4. accounting

    P20-2A For the year ended December 31, 2010, the job cost sheets of DeVoe Company contained the following data. Job Number Explanation Direct Materials Direct Labor Manufacturing Overhead Total Costs 7640 Balance 1/1 $25,000 $24,000 …
  5. accounting

    Moreno Industries has adopted the following production budget for the first 4 months of 2013. Month Units Month Units January 10,000 March 5,000 February 8,000 April 4,000 Each unit requires 3 pounds of raw materials costing $2 per …
  6. accounting

    The following cost data relate to the manufacturing activities of Black Company during the just completed year: Manufacturing overhead costs: Property taxes, factory $ 3,000 Utilities, factory 4,800 Indirect labor 9,900 Depreciation, …
  7. accounting

    Selected T-accounts for Rolm Company are given below for the just completed year: Raw Materials Manufacturing Overhead Bal. 1/1 31,000 Credits ?
  8. Accounting

    Calculate variable cost variances—explain results The standards for one case of Springfever Tonic are: Direct materials . . . . . . . . . . . . . . . . . . 8 lbs. @ $3.00/lb. = $24 Direct labor . . . . . . . . . . . . . . . . . . …
  9. Accounting

    Please explain I'm so lost Chandler Ltd. estimates sales for the second quarter of 2014 will be as follows. Month Units April 2,550 May 2,475 June 2,390 The target ending inventory of finished products is as follows. March 31 2,000 …
  10. Accounting

    What is Beer direct materials and raw materials?

More Similar Questions