Determine the cost of the unfinished jobs at march, Accounting Basics

Determine the cost of the unfinished jobs at march

The following account appears in the ledger after only part of the postings have been completed for March: Work in Process

Balance, March 1 $18000
Direct materials $122500
Direct Labor $145000
Factory Over head $80000

Jobs finished during March are summarized as follows:

Job 320 $72400

Job 326 $79200

Job 327 $46200

Job 350 $144600

a. Journalize the entry to record the jobs completed.

b. Determine the cost of the unfinished jobs at March 31.

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Accounting Basics: Determine the cost of the unfinished jobs at march

Reference No:- TGS0718268

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Accounting Basics: Determine the cost of the unfinished jobs at march

Reference No:- TGS0718268

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Recent Questions Asked Accounting Basics

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Accounting Basics: Determine the cost of the unfinished jobs at march

Reference No:- TGS0718268

Recent Questions Asked Accounting Basics

Q : What is the recognized gain to hale

Q : How much should juanita have transferred

Q : Why the process improvement category includes training

Q : What will the activity of compound be after hundred years

Q : Determine the cost of the unfinished jobs at march

Q : Champion jon and a champion jersey

Q : Analyze and calculate the employers total payroll-related

Q : What is the total loss of heat

Q : What voltage does the second generator produce

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