help asap pls K company production was working on Job 1...
50.1K
Verified Solution
Question
Accounting
help asap pls
K company production was working on Job 1 and Job 2 during the month. Of the $770 in direct materials, $370 in materials was requested for Job 1 . Direct labor cost, including payroll taxes, are $22 per hour, and employees worked 17 hours on Job 1 and 28 hours on Job 2. Overhead is applied at the rate of $18 per direct labor hours. Prepare job order cost sheets for each job. During the month, Job AB2 used specialized machinery for 450 hours and incurred $450 in utilities on account, $350 in factory depreciation expense, and $100 in property tax on the factory. Prepare journal entries for the following: If an amount box does not require an entry, leave it blank. A. Record the expenses incurred. B. Record the allocation of overhead at the predetermined rate of $1.40 per machine hour
help asap pls


Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.