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ID: 2591548 • Letter: I

Question

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Explanation / Answer

Solution:

Journal Entries

No.

Account Titles and Explanation

Debit

Credit

(a)

Work In Process (7350 + 9250)

$16,600

Direct materials inventory

$16,600

(To assign materials to jobs)

(b)

Work In Process (4300 + 7800)

$12,100

Wages payable

$12,100

(to assign labor to jobs)

c)

Work In Process (5100+9950)

$15,050

Manufacturing Overheads

$15,050

(to assign overhead to jobs)

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No.

Account Titles and Explanation

Debit

Credit

(a)

Work In Process (7350 + 9250)

$16,600

Direct materials inventory

$16,600

(To assign materials to jobs)

(b)

Work In Process (4300 + 7800)

$12,100

Wages payable

$12,100

(to assign labor to jobs)

c)

Work In Process (5100+9950)

$15,050

Manufacturing Overheads

$15,050

(to assign overhead to jobs)