Bullock Furniture Company manufactures furniture. Bullock uses a job order cost

Question

Bullock Furniture Company manufactures furniture. Bullock uses a job order cost system. Balances on April 1 from the materials ledger are as follows:

The materials purchased during April are summarized from the receiving reports as follows:

Materials were requisitioned to individual jobs as follows:

The glue is not a significant cost, so it is treated as indirect materials (factory overhead).

Determine the April 30 balances that would be shown in the materials ledger accounts.

Explanation / Answer

fabric = 109400+21400 - 105900 = 24900

polyester filling = 152100+6400-152000 = 6500

lumber = 299800+47900-339900 = 7800

glue = 2100+10400-5600 = 6900

Related Questions

Navigate

• Browse (All)
• Browse B
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.