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19-1B
Rothchild Company
Journal Enteries
Date	Particulars		Debit in $	Credit in $
4-Aug	Materials		168000
	Accounts Payable			168000
	12000X14
24-Aug	Work in Progress		126800
	Materials			126800
	Job 40 (5000X8)		40000
	Job 42 (6200X14)		86800
	Total		126800
19-2B
Journal Enteries
Date	Particulars		Debit in $	Credit in $
	Work in Progress		186200
	Wages Payable			186200
	Job 40 (3500x25)		87500
	Job 42 (4200x23.50)		98700
	Total		186200

PE 19 - 4B

a) Predetermine overhead rate = Overhead / Direct labour hours = 810000 / 90000 = $9 per hour

b) Overhead to be charge on Jobs = No. oh hours worked * Overhead Rate

Job 40 = 3500 * 9 = $31500

Job 42 = 4200 * 9 = $37800

Total Overhead = $69300

c) Work in Progress A/c Dr. 69300

To Factory Overhead A/c 69300

(Being Factory overhead charge on the basis of predetermine rate of overhead)

Example Exercise 19-5 Job Costs Obj. 2 At the end of March, Hatch Company had completed Jobs 101 and 102. Job 101 is for 500 units, and Job 102 is for 1,000 units. Using the data from Example Exercises 19-1, 19-2, and 19-4, determine (a) the balance on the job cost sheets for Jobs 101 and 102 at the end of March and (b) the cost per unit for Jobs 101 and 102 at the end of March Follow My Example 19-5 a. Job 101 Direct materials $ 2,400 Direct labor 12,800 Factory overhead 3,200 Total costs $18,400 Job 101 $36.80 = $18,400 = 500 units Job 102 $13.80 = $13,800 - 1,000 units Job 102 $ 4,200 7,200 2,400 $13,800 b. EE 19-5 p.937 PE 19-5B Job costs OBJ. 2 At the end of August, Rothchild Company had completed Jobs 40 and 42. Job 40 is for 10,000 units, and Job 42 is for 11,000 units. Using the data from Practice Exercises 19-1B, 19-2B, and 19-4B, determine (a) the balance on the job cost sheets for Jobs 40 and 42 at the end of August and (b) the cost per unit for Jobs 40 and 42 at the end of August

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