Bronco Company uses normal costing in its job-costing system. The company produces custom bikes for toddlers. The beginning balances (December 1) and ending balances (as of December 30) in their inventory accounts are as follows: (Click the icon to view the data.) (Click the icon to view the additional information.) Read the requirements. (1a) (1b) Now prepare the journal entry to allocate manufacturing overhead. Journal Entry 12/1 Bal. Purchases 12/31 Bal. Work-in-Process Control Manufacturing Overhead Control Wages Payable Control 12/1 Bal. COGM Work-in-Process Control Requirement 2. Use T-accounts to compute the following transactions. (Click the icon to view the transactions.) 12/31 Bal. Manufacturing Overhead Allocated Accounts p me solve this Materials Control 2,200 66,400 8,600 Accounts Materials req. For direct labor and manufacturing overhead in the Work-in-Process account, enter the amounts for 12/30 and 12/31 separately to get the correct ending balance for each date. (Abbreviation used: MOH = Manufac COGS = Cost of goods sold.) 12/31 Bal. 4,500 235,000 COGS Finished Goods Control Etext pages 12/31 Bal. 60,000 259000 19500 Get more help. 12/1 Bal. Materials req. Direct labor MOH allocated Debit 12/30 Bal. Direct labor MOH allocated 12/31 Bal. 4,350 1,450 Debit 6,090 Credit 5,800 Credit 6,090 Work-in-Process Control 6,800 60,000 177300 9100 COGM 18200 12/30 Bal. 4,350 6.090 19,540 12/31 Bal. C 235,000 More info Additional information follows: a. b. C. d. e. f. Direct materials purchased during December were $66,400. Cost of goods manufactured for December was $235,000. No direct materials were returned to suppliers. No units were started or completed on December 31 and no direct materials were requisitioned on December 31 The manufacturing labor costs for the December 31 working day: direct manufacturing labor, $4,350, and indirect manufacturing labor, $1,450. Manufacturing overhead has been allocated at 140% of direct manufacturing labor costs through December 31. Data table Materials Control Print Work-in-Process Control Manufacturing Department Overhead Control Finished Goods Control Reference $ Done Beginning Balance 12/1 2,200 6,800 0 4,500 Ending Balance 12/30 $ 8,600 9,100 94,500 19,500 a. The total amount of materials requisitioned into work-in-process during December b. The total amount of direct manufacturing labor recorded in work-in-process during December (Hint: You have to solve requirements 2b and 2c simultaneously) c. The total amount of manufacturing overhead recorded in work-in-process during December - X d. Ending balance in work in process, December 31 e. Cost of goods sold for December before adjustments for under- or overallocated manufacturing overhead

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Concord, Inc. manufactures ergonomically designed computer furniture. Concord uses a job order costing system. On November 30, the Work in Process Inventory consisted of the following jobs: Job No. CC723 CH291 PS812 Job No. CC723 CH291 PS812 DS444 Job No. CC723 Computer caddy Chair CH291 DS444 Item Printer stand On November 30, Concord's Direct Materials Inventory account totaled $671,000, and its Finished Goods Inventory totaled $3,486,400. Concord applies manufacturing overhead on the basis of machine hours. The company's manufacturing overhead budget for the year totaled $4,750,000, and the company planned to use 950,000 machine hours during the year. Through the first eleven months of the year, the company used a total of 840,000 machine hours, total manufacturing overhead amounted to $4,294,500, and Cost of Goods Sold was $8,760,250. For the purposes of this problem, ignore year-end disposition of over / under applied overhead. Concord purchased $638,000 in direct materials in…

Subject:- accounting

Su ject: accounting

Vishal

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answer in text form please (without image),   Note: .Every entry should have narration please

a)Calculate the amount of overhead that should be applied to each job and amount of Rullos overapplied or underapplied overhead at the end of the first year b)Calculate Rullos balances for work in process ,finished goods and cost of goods sold at the end of the first year

I need answer of last three requirement I need answer of last three requirement     please answer within the format by providing formula the detailed workingPlease provide answer in text (Without image)Please provide answer in text (Without image)Please provide answer in text (Without image)