Reference no: EM132611535
Donald Transport assembles prestige manufactured homes. Its job-costing system has two direct-cost categories (direct materials and direct manufacturing labor) and one indirect-cost pool (manufacturing overhead allocated at a budgeted $31 per machine-hour in 2014). The following data (in millions) show operation costs for 2014:
Materials Control, beginning balance, January 1, 2014 $18
Work-in-Process Control, beginning balance, January 1, 2014 $9
Finished Goods Control, beginning balance, January 1, 2014 $10
Materials and supplies purchased on credit $154
Direct materials used $152
Indirect materials (supplies) issued to various production departments $19
Direct manufacturing labor $96
Indirect manufacturing labor incurred by various production departments $34
Depreciation on plant and manufacturing equipment $28
Miscellaneous manufacturing overhead incurred (ordinarily would be detailed as repairs, utilities, etc., with a corresponding credit to various liability accounts) $13
Manufacturing overhead allocated, 3,000,000 actual machine-hours?
Cost of goods manufactured $298
Revenues $410
Cost of goods sold $294
Question 1: Prepare journal entries. Number your entries. Explanations for each entry may be omitted. Post to T-accounts. What is the ending balance of Work-in-Process Control?
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