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CALCULATOR FULL SCREEN PRINTER VERSION 4 BACK NEX 5 Exercise 2A-8 Sheridan Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter's production 1. Materials purchased on account $196,700, and factory wages incurred $99,000 2. Materials requisitioned and factory labor used by job: ay Job Number A20 A21 A22 A23 General factory use Materials Factory Labor $36,640 $18.400 44,920 23,200 37,300 16,900 41,770 26,200 5,270 8,300 $165,900 $93,000 3. Manufacturing overhead costs incurred on account $54,000 4 Depreciation on factory equipment $17.250 5. Manufacturing overhead rate is 81% of direct labor cost 6. Jobs completed during the quarter A20, A21, and A23 Record the operations summarized above. (Enter negative amounts using either a negative sin preceding the number. -45 or parentheses e.. (45).) Sintchande RAH FULL SCREEN PRINTER VERSION BACK NEXT Record the operations summarized above. (Enter negative amounts using either a negative sign preceding the number 0.9. -45 or parentheses 4.9. (45)) Work in Process Finished Goods Cost of Goods Manufacturing Costs Inventory Inventory Sold Raw Materials Factory Manufacturing Inventory Labor Overhead 1. Purchased raw materials 1. Incurred factory labor 2. Direct materials 2. Indirect materials 2. Direct labor 2. Indirect labor 3. Incurred overhead costs 4. Factory depreciation 5. Assigned overhead 6. Completed Jobs Prepare a schedule showing the individual cost elements and total cost for each job in item 6. Tai Direct Matte nih Min Durant Prepare a schedule showing the individual cost elements and total cost for each job in item 6. Job Direct Materials Direct Labor Manufacturing Overhead Total A20 $ A21 A23

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