Reference no: EM132991383

Question - McNight Handcraft manufactures window frames using a job costing system. During March, the following costs are incurred on Job 120 to manufacture 400 frames:

Original Costs:

Direct Materials $13,200

Direct Labour 16,000

Manufacturing Overhead Allocated 24,000

TOTAL $53,200

Direct costs of reworking 10 frames:

Direct materials $2,000

Direct labour 3,200

TOTAL $ 5,200

Required -

a. Prepare the journal entry to record the rework costs, assuming the rework is attributable specifically to Job 120.

b. Compute the cost per finished window frame for Job 120, assuming the reword is attributable specifically to this job.

c. Prepare the journal entry to record the rework costs, assuming the rework is common to all jobs.

d. Compute the cost per finished window frame for Job 120, assuming the rework is common the all jobs.