20 accounting questions
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In January, Oriole Company requisitions raw materials for production as follows: Job 1 $800, Job 2 $1,040, Job 3 $600, and general factory use $520. During January, time tickets show that the factory labor of $5,280 was used as follows: Job 1 $1,920, Job 2 $1,400, Job 3 $1,240, and general factory use $720.
Prepare the job cost sheets for each of the three jobs.
Job 1
Date Direct Materials Direct Labor
1/31
Job 2
Date Direct Materials Direct Labor
1/31
221 Exam 2 Ch 19-21
Question 7 of 20 - / 7.5
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Job 3
Date Direct Materials Direct Labor
1/31
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221 Exam 2 Ch 19-21
Question 7 of 20 - / 7.5