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Job order cost; journal entries; total cost computation Leen Production Co. uses the job order...

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Accounting

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Job order cost; journal entries; total cost computation Leen Production Co. uses the job order cost system of accounting. The following information was taken from the company's books after all posting had been completed at the end of May: Jobs Direct Materials Direct Labor Factory Completed Cost Cost Overhead 1040 $3,600 $4,000 $1,600 1065 2,380 2,500 1,000 1120 1,800 1,700 680 a. Compute the total production cost of each job. b. Prepare the journal entry to transfer the cost of jobs completed to Finished Goods. Compute the selling price per unit for each job, assuming a mark-on percentage of 40%. d. Prepare the journal entries to record the sale of Job 1065. C. Job order cost; journal entries; total and unit cost computation Gerken Fabrication Inc. uses the job order cost system of account- TL Ella from the

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