Prepaid expenses expired for factory overhead

Assignment Help Managerial Accounting

Reference no: EM133358445

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: EM133358445

Questions Cloud

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

What is the theory, keywords, model, framework, method : What is the theory, keywords, model, framework, method, design, population, sample, design, research questions and strength/weakness of this research?

Discuss two or three barriers to effective communication : Discuss two or three barriers to effective communication and how you can overcome them. Describe the role of nonverbal messages in communication

What are the major foreign interests, including colonization : In your opinion, what are the major foreign interests, including colonization, that have influenced employment systems on the continent of Africa?

Discuss how a visionary leader can best utilize knowledge : Discuss how a visionary leader can best utilize the knowledge of the various health care delivery settings to make a difference in healthcare.

User Account

All Pages