Determine the cost of the unfinished jobs at march, Accounting Basics

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Determine the cost of the unfinished jobs at march

The following account appears in the ledger after only part of the postings have been completed for March: Work in Process

Balance, March 1 $18000
Direct materials $122500
Direct Labor $145000
Factory Over head $80000

Jobs finished during March are summarized as follows:

Job 320 $72400

Job 326 $79200

Job 327 $46200

Job 350 $144600

a. Journalize the entry to record the jobs completed.

b. Determine the cost of the unfinished jobs at March 31.

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Accounting Basics: Determine the cost of the unfinished jobs at march

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Accounting Basics: Determine the cost of the unfinished jobs at march

Reference No:- TGS0718268

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Recent Questions Asked Accounting Basics

Q : What is the recognized gain to hale

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Determine the cost of the unfinished jobs at march

Reference No:- TGS0718268

Recent Questions Asked Accounting Basics

Q : What is the recognized gain to hale

Q : How much should juanita have transferred

Q : Why the process improvement category includes training

Q : What will the activity of compound be after hundred years

Q : Determine the cost of the unfinished jobs at march

Q : Champion jon and a champion jersey

Q : Analyze and calculate the employers total payroll-related

Q : What is the total loss of heat

Q : What voltage does the second generator produce

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