Entries for costs in a job order cost system

Assignment Help Managerial Accounting

Reference no: EM133358449

Question: Entries for costs in a job order cost system

Royal Technology Company uses a job order cost system. The following data summarize the operations related to production for March:

a. Materials purchased on account, $770,000

b. Materials requisitioned, $680,000, of which $75,800 was for general factory use

c. Factory labor used, $756,000, of which $182,000 was indirect

D. Othet cost incurred on account for factory overhead 245,000;selling expenses 171,500 and administrative expense 110,600

E. Prepaid expenses expired for factory overhead where 24,500;for selling expenses 28,420 and for administrative expenses 16,660

F. Depreciation of factory equipment was 49,500 of office equipment 61,800 and office building 14,900

G. Factory overhead cost applied the jobs 568,500

H. Jobs completed 1,500,000

I. Cost of goods sold 1,375,000

Reference no: EM133358449

Questions Cloud

Snapchat is popular messaging system : Snapchat is a popular messaging system used by millions of teens and young adults (primarily).

Process of securing computer crime incident : Discuss the process of securing a computer crime incident.

What advantages might utilitarianism and deontology : Give a brief account of egoism, utilitarianism, and deontology (Kant's ethics).What advantages might utilitarianism and deontology have over ethical egoism?

What is the puzzle or problem at the center of the topic : What has your topic in the class been so far? What is the puzzle or problem at the center of the topic (in other words, what is the most heavily-debated parts

Entries for costs in a job order cost system : Entries for costs in a job order cost system - Royal Technology Company uses a job order cost system. The following data summarize the operations related

Analyse the process known as evaluation of retention funding : Analyse the process known as evaluation of retention funding under the assumption of no transaction costs. Describe the purpose of organisational flow charts

Explain technology as an operational risk factor : Explain technology as an operational risk factor. Analyse the effect of an organisation's risk management culture on its operations.

Define strategy implementation and discuss three components : Define strategy implementation. Discuss THREE (3) components of strategy implementation. Provide ONE (1) example for each component. Explain TWO (2) types

Prepaid expenses expired for factory overhead : Prepaid expenses expired for factory overhead where 24,500;for selling expenses 28,420 and for administrative expenses 16,660 F

User Account

All Pages