Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. It started only two jobs during March—Job P and Job Q. Job P was completed and sold by the end of the March and Job Q was incomplete at the end of the March. The company uses a plantwide predetermined overhead rate based on direct labor hours. The following additional information is available for the company as a whole and for Jobs P and Q (all data and questions relate to the month of March):
|
|
|
| Estimated total fixed manufacturing overhead |
$ |
10,000 |
| Estimated variable manufacturing overhead per direct labor hour |
$ |
1.00 |
| Estimated total direct labor hours to be worked |
|
2,000 |
| Total actual manufacturing overhead costs incurred |
$ |
12,500 |
|
|
Job P |
Job Q |
| Direct materials |
$ |
13,000 |
$ |
8,000 |
| Direct labor cost |
$ |
21,000 |
$ |
7,500 |
| Actual direct labor hours worked |
|
1,400 |
|
500 |
|
|
Assume the ending raw materials inventory is $1,000 and the company does not use any indirect materials. Prepare the journal entries to record raw materials purchases and the issuance of direct materials for use in production.
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| General Journal |
Debit |
Credit |
| (Click to select)Raw materialsWages receivableWages payableAccounts receivableAccounts payableRent payableManufacturing overheadSalaries expense |
|
|
| (Click to select)Salaries expenseWages receivableWages payableRaw materialsRent payableAccounts receivableManufacturing overheadAccounts payable |
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|
|
|
|
| (Click to select)Wages payableAccounts payableAccounts receivableSalaries expenseRent expenseWork in processWages receivableManufacturing overhead |
|
|
| (Click to select)Accounts receivableManufacturing overheadSalaries expenseWages receivableAccounts payableRaw materialsWork in processWages payable |
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