Prepare the job cost sheets for each of the three jobs

Assignment Help Cost Accounting
Reference no: EM131796944

In January, Reyes Tool & Dye requisitions raw materials for production as follows: Job 1 $900, Job 2 $1,200, Job 3 $700, and general factory use $600.

During January, time tickets show that the factory labor of $5,000 was used as follows: Job 1 $1,200, Job 2 $1,600 Job 3 $1,400, and general factory use $800.

Prepare the job cost sheets for each of the three jobs. (If answer is zero, please enter 0, do not leave any fields blank.)

Job 1
Date Direct Materials Direct Labor
1/31
1/31

Job 2
Date Direct Materials Direct Labor
1/31
1/31

Job 3
Date Direct Materials Direct Labor
1/31
1/31

Reference no: EM131796944

Questions Cloud

Calculate the number of units of product : a. Calculate the number of units of product to be produced during August.
Compute total budgeted costs : In Moore Company's flexible budget graph, the fixed cost line and the total budgeted cost line intersect the vertical axis at $90,150.
How much cash was collected from making sales : Sales for the period total $384,000, of which $40,000 was directly for cash. How much cash was collected from making sales and collecting accounts receivable?
How much cash must be borrowed to maintain balance : Venetian Company management wants to maintain a minimum monthly cash balance of $20,500. At the beginning of April, the cash balance is $21,750.
Prepare the job cost sheets for each of the three jobs : In January, Reyes Tool & Dye requisitions raw materials for production as follows: Job 1 $900, Job 2 $1,200, Job 3 $700, and general factory use $600.
Prepare a direct materials budget for the march and june : Prepare a direct materials budget for the March and June quarters of 2017 in both units and dollars
What is responsibility accounting : What is responsibility accounting? Is it used at your current (or former) place of employment, and if not, would it work? Why, or why not?
Calculate the number of units to be produced : It is currently estimated that there will be 3,887 units on hand at the end of June. Calculate the number of units to be produced in each of the months of July
How depreciation provides a means of expensing the cost : A newly hired manager of a engineering company,does not understand how the cost of the firm's equipment is expensed.

Reviews

Write a Review

Cost Accounting Questions & Answers

  Cost accounting assignment

Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.

  Prepare the journal entries

Prepare the journal entries to record the bond issue and interest expense.

  Advise as to the liability of all the parties

Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.

  Prepare revenues budget

Prepare Revenues budget and Production budget in units

  Effect of exchange rate changes on cash and cash

Effect of exchange rate changes on cash and cash

  Corporate governance

You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.

  Cost-benefit analysis

A cost-benefit analysis of electronic medical records in primary care

  Non-annual interest rates and annuities

Theory of Interest- Non-annual interest rates and annuities

  Job costing in service organizations

How is job costing in service organizations different from job costing in manufacturing environments?

  Accounting for bad debt expense

Accounting for bad debt expense

  Accounting and partnership problems

Accounting and Partnership problems

  Development of relevant cash flows

Development of relevant cash flows - Cost estimating and financial analysis

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd