Dacosta Corporation had only one job in process on May 1, The Job had been charged with $2.250 of direct materials, $6,990 of direct labor, and $10,062 of manufacturing overhead cost. The company assigns overhead cost to Jobs using the predetermined overhead rate of $19.30 per direct labor-hour. During May, the following activity was recorded: Raw materials (all direct materials): Beginning balance Purchased during the month Used in production $ 8,950 $38,450 $39,750 Labor: Direct labor-hours worked during the month 2,350 $24,960 $33,750 Direct labor cost incurred Actual manufacturing overhead costs incurred Inventories: Raw materials, May 30 Work in process, May 30 $17,054 Work in process Inventory on May 30 contains $3.822 of direct labor cost. Raw materials consist solely of Items that are classified as direct materials. The balance In the raw materials Inventory account on May 30 was: Multiple Choice $7.650 $1,300 $29.500 $30.800 O O

Barnes Company uses a job order cost system. The following data summarize the operations related to production for October: October Materials purchased on account, $644,380. 1 Materials requisitioned, $670,250, of which $71,770 was for general factory use. 31 Factory labor used, $637,900, of which $88,640 was indirect. 31 Other costs incurred on account for factory overhead, $142,060; selling expenses, $238,560; and administrative expenses, $151,300. 31 Prepaid expenses expired for factory overhead were $29,450; for selling expenses, $27,540; and for administrative expenses, $18,720. 31 Depreciation of office building was $84,480; of office equipment, $43,730; and of factory equipment, $32,270. 31 Factory overhead costs applied to jobs, $379,790. 31 Jobs completed, $988,380. 31 Cost of goods sold, $921,340. Required: Journalize the entries to record the summarized operations. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for…

During May, Bergan Company incurred factory overhead costs as follows: indirect materials, $34,200; indirect labor, $95,100; utilities cost, $19,600; and factory depreciation, $51,300.   Journalize the entry on May 30 to record the factory overhead incurred during May. Refer to the Chart of Accounts for exact wording of account titles.

Letena Company had only one job in process on July 1. The job had been charged with $1,000 of direct materials, $3,302 of direct labor and $5,382 of manufacturing overhead cost. The company assigns overhead cost to jobs using the predetermined overhead rate of $23.10 per labor-hour. During July, the following information on Letena's activities was recorded: Raw Materials:   Beginning Balance $6,100 Purchased $70,000 Used in Production $69,600 Labor:   Direct labor-hours worked during July 1,160 Direct labor cost incurred $15,400 Other information:   Actual Manufacturing overhead incurred: $29,002 Work-in-Process Inventory, July 31: $13,200 Work-in-Process inventory on July 31 contains $2,921 of direct labor cost.   The entry to dispose of the underapplied or overapplied manufacturing overhead for July would include a debit or credit of BLANK to the account Manufacturing Overhead.