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PART & JOB COSTING 25 POINTS 1) On June 30. leopatra Company finished with contof,000 ned the costs to Finished Goods Inventory. On July 6. Cleopatra completed the sale of the goods to customette $55,000 on account Provide the pural entry to record the sales revenue Provide the entry to record the cost of goods sold. 2) Equine Fabrication and suffered a fire incident in August due to which most of the seconds for the year were destroyed. The following accounting data for the year that were recetet Total manufacturing overhead estimated at the beginning of the Year SO Total director cost estimated at the beginning of the year Total direct labor hun estimated at the beginning of the year dructor Actual manufacturing the costs for the war S Actual direct labor costs for the year STRE Actual direct labor hours for the year 293 direct labor hos The company bases is manufacturing overhead allocation on direct laborhoor. What was the predetermined overtwad allocation rate for the year? How much manufacturing ovethead was allocated to production during the year 3) Iglesias Company completed Job 12 on November 30. The details of Job 12 are given below Direct Labor cost Disect materials cast Machine hours Direct her hours Predetermined owerhead Allocation rate SA What is the total cost of Job 12

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