2. The following information relates to the manufacturing operations of Delicious Co. during the month of January. The company uses job order costing. Please do the following journalentries. a) Purchases of direct materials on account during the month amount to $45000 Debit Credit Db Cr b) Materials used by the Production Department during the month total $40000 Debit Credit Db Cr c) Time cards of direct workers show 1200 hours worked on various jobs during the month for $20 per hour Calculations: Debit Credit Db Cr d) Direct workers were paid $20000 in January Debit Credit Db Cr e) Actual overhead costs for the month mount to $42000, Overhead costs has not been paid in cash

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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2. The following information relates to the manufacturing operations of Delicious Co. during the
month of January. The company uses job ordercosting. Please do the following journalentries.
a) Purchases of direct materials on account during the month amount to $45000
Debit
Credit
Db
Cr
b) Materials used by the Production Department during the month total $40000
Debit
Credit
Db
Cr
c) Time cards of direct workers show 1200 hours worked on various jobs during the month for S20
per hour
Calculations:
Debit
Credit
Db
Cr
d) Direct workers were paid $20000 in January
Debit
Credit
Db
Cr
e) Actual overhead costs forthe month mount to S42000. Overhead costs has not been oald in cash
Transcribed Image Text:Paragraf Stiller 2. The following information relates to the manufacturing operations of Delicious Co. during the month of January. The company uses job ordercosting. Please do the following journalentries. a) Purchases of direct materials on account during the month amount to $45000 Debit Credit Db Cr b) Materials used by the Production Department during the month total $40000 Debit Credit Db Cr c) Time cards of direct workers show 1200 hours worked on various jobs during the month for S20 per hour Calculations: Debit Credit Db Cr d) Direct workers were paid $20000 in January Debit Credit Db Cr e) Actual overhead costs forthe month mount to S42000. Overhead costs has not been oald in cash
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