Job 78 Job 79 Job 80 Units in each order 180 180 $ 990 200 220 Units sold Materials requisitioned $1,560 220 $2,400 Direct labor hours 200 400 Direct labor cost $3,000 $3,000 $3,300

Required information [The following information applies to the questions displayed below.] At the end of June, the job cost sheets at Ace Roofers show the following costs accumulated on three jobs. At June 30 Direct materials Direct labor Overhead applied Additional Information Job 5 $ 18,400 11, 400 5,700 Job 6 $ 34,700 17,600 8,800 Job 7 $ 28,700 24,400 12, 200 a. Job 5 was started in May, and the following costs were assigned to it in May: direct materials, $7,700; direct labor, $3,500; and applied overhead, $2,600. Job 5 was finished in June. b. Job 6 and Job 7 were started in June; Job 6 was finished in June, and Job 7 is to be completed in July. Total transferred cost c. Overhead cost is applied with a predetermined rate based on direct bor cost. The predetermined overhead rate did not change across these months. 4. What is the total cost transferred to Finished Goods Inventory in June?

None

I want answer

Ivanhoe Company begins operations on April 1. Information from job cost sheets shows the following: Manufacturing Costs Assigned Job Number   April   May   June   Month Completed 10   $6,700   $4,600       May 11   4,400   4,200   $3,200   June 12   1,400           April 13       4,900   3,500   June 14       5,600   3,600   Not complete Each job was sold for 25% above its cost in the month following completion. (a)     Calculate the balance in Work in Process Inventory at the end of each month. Work in Process Inventory       April 30   $enter a dollar amount   May 31   $enter a dollar amount   June 30   $enter a dollar amount

A Company issued $5,00,000/- new capital divided into $.10/- shares at a premium of $4/- per share payable as On Application $1/- per share On Allotment $4/- per share & $.2/- premium On Final Payment $.5/- per share & $.2/- premium Overpayments on application were to be applied towards sum due on allotment. Where no allotment was made money was to be returned in full. The issue was oversubscribed to the extent of 13,000 shares. Applicants for 12,000 shares were allotted only 1,000 shares and applicants for 2,000 were sent letters of regret. All money due on allotment and final call was duly received. Make the necessary entries in the company‟s book.

Question: At the end of April, Almerinda Company had completed Jobs 50 and 51. Job 50 is for 23,040 units, and Job 51 is for 26,000 units. The following data relate to these two jobs: On April 6, Almerinda Company purchased on account 60,000 units of raw materials at $12 per unit. On April 21, raw materials were requisitioned for production as follows: 25,000 units for Job 50 at $10 per unit and 27,000 units for Job 51 at $12 per unit. During April, Almerinda Company accumulated 20,000 hours of direct labor costs on Job 50 and 24,000 hours on Job 51. The total direct labor was incurred at a rate of $20.00 per direct labor hour for Job 50 and $22.00 per direct labor hour for Job 51. Almerinda Company estimates that total factory overhead costs will be $1,750,000 for the year. Direct labor hours are estimated to be 500,000. a. Determine the balance on the account in the work in process subsidiary ledger in which the costs charged to a particular job order are recorded on job cost sheets…

The April Work in Process account for Coventry Co. contained the following:                           Beginning balance -- $19,000 debit                         Direct materials -- $11,000 debit                         Direct labor -- $8,000 debit                         Overhead -- $13,000 debit                         Transfer to finished goods -- $3,000 credit   Overhead is applied at a rate of 125% of direct labor cost. The only job in process at April 30, Job #897, has been charged with direct labor cost of $4,000.   What amount of direct materials cost has been charged to Job 897? $____________

kindly answer and provide solution