:(


Prepare general journal enteries to record events


a. purchase raw materials for $65000 cash

b. used raw materials
Dept A 21760
Dept b 46760
Indirect mat 5000

c. paid factory payroll 125000 cash
d. assigned factory payroll cost
Dept A 25420 Direct labor
Dept B 60900 Direct labor
Indirect labor 38680

e. incurred additional factory overhead cost of 54725 in cash
f. Factory overhead is allocated to dept A & B as a percentage of direct labor costs
Overehead rate is 125%






Units of production on hand or worked for august

Dept A Dept B

Units in Beg inventory 200 300
% completed w/ respect to:
Materials 90% 30%
Labor & overhead 80% 10%

Units Started in Aug 900 700
Units transferred 700 750
% completed w/ respect to:
Materials 100% 100%
Labor & overhead 100% 100%

Ending inventory 400 250
% completed w/ respect to:
Materials 40% 70%
Labor & overhead 20% 60%


Make following calculations:
Equivalent units of production in Dept A & B separately using weighted average
Per unit cost for labor materials & overhead

Purchase a/c dr 65000
To,cash a/c cr 65000
(being good purchased)

Please check out the guidelines for posting homework and not that we do not just answer things for people:
https://www.askmehelpdesk.com/financ...-b-u-font.html

This is also a 4 year old thread and is being closed.