Do It! Review 15-2 Job 201 Job 202 No. Account Titles and Explanation Debit Cred
ID: 2448526 • Letter: D
Question
Do It! Review 15-2
Job 201
Job 202
No.
Account Titles and Explanation
Debit
Credit
(a)
(To assign materials to jobs.)
(b)
(To assign labor to jobs.)
(c)
(To assign overhead to jobs.)
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Do It! Review 15-2
Milner Company is working on two job orders. The job cost sheets show the following.Job 201
Job 202
Direct materials 7,200 $9,000 Direct labor 4,000 8,000 Manufacturing overhead 5,200 9,800Prepare the three summary entries to record the assignment of costs to Work in Process from the data on the job cost sheets. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
No.
Account Titles and Explanation
Debit
Credit
(a)
(To assign materials to jobs.)
(b)
(To assign labor to jobs.)
(c)
(To assign overhead to jobs.)
Warning
Don't show me this message again for the assignment
Ok
Cancel
Question Attempts: 0 of 2 usedSave for later
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Copyright © 2000-2015 by John Wiley & Sons, Inc. or related companies. All rights reserved.Explanation / Answer
Journal Entries Work in process Dr 7200 To Direct Material 7200 Work in process Dr 4000 To Direct Labour 4000 Work in process Dr 5200 To Overheads 5200 Job 202 Work in process Dr 9000 To Direct Material 9000 Work in process Dr 8000 To Direct Labour 8000 Work in process Dr 9800 To Overheads 9800
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