Barrett Kitchens produces a variety of items in accordance with special job orders from hospitals,...
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Accounting
Barrett Kitchens produces a variety of items in accordance with special job orders from hospitals, plant cafeterias, and university dormitories. An order for cases of mixed vegetables costs $ per case: direct materials, $ ; direct manufacturing labor, $ ; and manufacturing overhead allocated, $ The manufacturing overhead rate includes a provision for normal spoilage. Consider each requirement independently. Read the requirements. Requirement Assume that a laborer dropped cases. Suppose part of the cases could be sold to a nearby prison for $ cash. Prepare a journal entry to record this event. Calculate and explain briefly the unit cost of the remaining cases. Prepare a journal entry to record this event. Abbreviations used: Mfg Manufacturing, Pay. Payable. Record debits first, then credits. Exclude explanations from any journal entries. Journal Entry table Journal Entry Accounts Debit,Credit Cash Loss from Abnormal Spoilage,, Work in Process Control,,
Barrett Kitchens produces a variety of items in accordance with special job orders from hospitals, plant cafeterias, and university dormitories. An order for cases of mixed vegetables costs $ per case: direct materials, $ ; direct manufacturing labor, $ ; and manufacturing overhead allocated, $ The manufacturing overhead rate includes a provision for normal spoilage. Consider each requirement independently.
Read the requirements.
Requirement Assume that a laborer dropped cases. Suppose part of the cases could be sold to a nearby prison for $ cash. Prepare a journal entry to record this event. Calculate and explain briefly the unit cost of the remaining cases.
Prepare a journal entry to record this event. Abbreviations used: Mfg Manufacturing, Pay. Payable. Record debits first, then credits. Exclude explanations from any journal entries.
Journal Entry
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