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 journal entries. 2. The following information relates to the manufacturing operations of Delicious Co. during themonth of January. The company uses job order costing. Please do the following journal entries.Do the journal entries inside the table and show your calculations outside the table.d) Direct workers were paid $20000 in JanuaryDebitCreditDbCre) Actual overhead costs for the month mount to $42000. Overhead costs has not been paid in cashyet, will be paid later.DebitCreditDbCrf) Overhead is applied to jobs at a rate of 120% direct labor costCalculations:DebitCreditDbCr

Part 1) Direct labour cost to job Dr. 20000 Cash Cr. 20000 ( being…

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 yet, will be paid later. Debit Credit Db Cr f) Overhead is applied to jobs at a rate of 120% direct labor cost 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 yet, will be paid later. Debit Credit Db Cr f) Overhead is applied to jobs at a rate of 120% direct labor cost Calculations: Debit Credit Db Cr

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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