Job order costing. P784 P19-1A

14000 18000 18000 16000 9000 8000 41000 42000 0 100000 170000 80000 30000 56000 120000 15000 28000 60000 145000 254000 260000 186000 296000 260000 400000 400000 220000 220000 20000 20000 12000 12000 30000 30000 30000 30000 14000 14000 100000 170000 80000 350000 30000 56000 120000 206000 15000 28000 60000 103000 186000 186000 296000 296000 186000 186000 380000 380000 3000 3000 150000 400000 550000 30000 520000 350000 170000 83000 350000 433000 206000 639000 103000 742000 482000 260000 482000 482000 186000 296000 220000 220000 14000 206000 206000 0 20000 20000 12000 32000 30000 62000 30000 92000 14000 106000 103000 3000 3000 186000 186000 3000 189000 380000 350000 206000 20000 12000 30000 30000 14000 -3000 103000 659000 83000 260000 482000 380000 0 482000 296000 3000 189000 191000 P 784 Problem 19-1A Job 306 Job 307 Job 308 March Direct Material Direct Labour Applied Overhead April Total Journals Dr Cr Raw Material Inventory Accounts Payable Factory Payroll Cash Factory Overhead Factory Overhead (rent) Factory Ohd (utilities) Factory Ohd Factory Ohd (depreciation) Acc depreciation Raw Materials Finished goods Inventory job 306 Work in Process Inventory job 306 Finished Goods Inventory job 307 Work in Process Inventory job 307 Work inProcess Inventory job 308 Cost of goods Sold Accounts receivable Sales Cost of goods sold Ledger Bals Work in Process Finished Goods Cost of Sales dr A Payable rent Utilities Depreciation Indirect Materials Indirect Labour Overhead applied Work in Process Inventory (ohd applied) Finished goods AR Under applied overhead Cost of sales Manufacturing Statement April Direct materials Rent Indirect Material Total Factory Overhead Total Cost of manufacture Opening WIP Closing WIP Cost of Goods manufactured Under Applied Overhead sales Income Statement April Less Cost of Sales Opening FG Inventory Cost of GoodsManufactured Closing FG Inventory Gross Income Under Applied Ohead