accounting

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.

1. 👍
2. 👎
3. 👁
1. Letter A raw materials inventory 32,000
Letter A accounts payable 32,000

Letter B Goods in process inventory 25,800
Letter B raw materials inventory 36,300

Letter C factory payroll 37,700
Letter C cash 37,700

Letter D good in process inventory 29,500
Letter D factory payroll 37,700

1. 👍
2. 👎

Similar Questions

1. Accounting

Krollon Company uses the FIFO method in its process costing system. The following data are for the most recent month of operations in one of the company’s processing departments: According to the company’s costing system, the

2. human resource management

1. Critically evaluate the job analysis that Mary conducted for the position of assistant manager. Has she used appropriate methods? What are the strengths and weaknesses of her efforts? 2. What kind of factors about Today's

3. account

Assume it is Monday, May 1, the first business day of the month, and you have just been hired? Assume it is Monday, May 1, the first business day of the month, and you have just been hired? Assume it is Monday, May 1, the first

4. Algebra

You earn \$250 per month from your part-time job. You are in a kayaking club that costs \$20 per month, and you save at least \$100 each month. Write and solve an inequality to find the possible amounts you have left to spend each

1. Accounting for Managers

Question 1 of 20 5.0 Points Which of the following products probably would be manufactured using a job order costing system? A. Paper B. Baseball cards C. Computer monitors D. Company business cards Reset Selection Mark for Review

2. economics

Question.1 Your aunt is thinking about opening a hardware store. She estimates that it would cost \$500,000 per year to rent the location and buy the stock. In addition, she would have to quit her \$50,000 per year job as an

3. 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

4. Math

Bill paints murals. He recorded the total amount of white paint that he used for his murals each month in the table below. In April Bill used 2/3 of the amount that housed in May. Fill in the amount of white paint BIll used in

1. I swear, nobody knows this answer.

Your realized income from your primary job is \$2,034.24/month. Your fixed expenses are 30% of your primary job’s realized income. You have a 2nd job that pays \$9.50/hr with deductions of FICA (7.65%), federal tax withholding

2. operation managment

Garden Variety Flower shop uses 625 clay pots a month. The pots are purchased at \$2 each. Annual carrying costs per pot are estimated to be 15 percent of cost, and ordering costs are \$125 per order. The manager has been using an

3. Managerial Accounting

During June, the receipts and issuances of Material No. A2FO are as follows: Received June 3 1,100 units @ \$15 16 1,700 units@ \$17 29 900 units@ \$18 Issued June 11 700 units 4 Job No. 116 18 1,900 units 4 Job No.117 30 800 units 4

4. college

1. Critically evaluate the job analysis that Mary conducted for the position of assistant manager. Has she used appropriate methods? What are the strengths and weaknesses of her efforts? 2. What kind of factors about Today's