Factory utilities 16300
Depreciation on factory equipment 13450
Depreciation on delivery trucks 4300
Indirect factory labor 49500
Indirect materials 85700
Direct materials used 142700
Factory manager’s salary 8200
Direct labor 69400
Sales salaries 48200
Property taxes on factory building 3400
Repairs to office equipment 1400
Factory repairs 2240
Advertising 15900
Office supplies used 3670
Determine MOH, Manufacturing costs, and Period costs!
Nala company applies MOH with basis of machine hours used. Overhead costs are expected to total $290,000
for a year and machine usage are expected at 170,000 hours. However, $450,000 of overhead costs are
incurred and 130,000 hours are used.
1. Compute MOH rate for the year
2. Determine if it is under or overapplied OH at end of year?
3. Prepare adjusting entry to assign the under or overapplied OH for the year to COGS.
PT Santiago uses job order costing. On August 1, the company has a beginning balance of WIP inventory of
Rp 3.500.000 and 2 jobs in process: Job no 429 Rp 2.000.000 and Job no.430 Rp 1.500.000. During August:
Job Number Material Requisiton Slip Labor Time Tickets
429 Rp 2.500.000 Rp 1.900.000
430 Rp 3.500.000 Rp 3.000.000
431 Rp 4.400.000 Rp 7.600.000
General Use Rp 800.000 Rp 1.200.000
TOTAL Rp 11.200.000 Rp 13.700.000
PT Santiago applies MOH at 60% rate of DL cost. Job 429 is completed during the month.
Kindly post entries of Job cost sheet for Job 429, 430, 431 and prepare a summary journal entries to record
A) Requisition Slips B) Time Tickets C) MOH and D) Completion Job 429
PrepareLabs Consulting Firm uses job order costing. With no beginning transaction, here are their transactions
Consultant Anshel Cingcing Eileen
Direct Material Rp 6.000.000 Rp 4.000.000 Rp 2.000.000
Consultant labor costs 30.000.000 34.000.000 24.000.000
Consultant hours 72 88 45
Overhead costs are applied to jobs on the basis of consultant hours and POR, Rp 100.000 per consultant
hours. Anshel’s job is the incomplete job at the end of the month. Actual OH for the month was Rp 21.000.000.
Instructions:
1. Determine the costs of each job
2. Indicate the balance of Service Contracts in Process account at the end of month
3. Calculate the ending balance of the Operating Overhead account for month
Lemari Kopi uses job order costing system. The following data summarize the operations related to first
quarter’s production
1. Materials purchased on account Rp 19.200.000 and factory wages incurred Rp 8.730.000
2. Materials requisitioned and factory labor used by job:
Job Number Material Requisition Slip Labor Time Tickets
A29 Rp 3.524.000 Rp 1.800.000
A21 Rp 4.292.000 Rp 2.200.000
A22 Rp 3.610.000 Rp 1.500.000
A23 Rp 3.927.000 Rp 2.500.000
General Use Rp 447.000 Rp 730.000
TOTAL Rp 15.800.000 Rp 8.730.000
3. Manufacturing overhead costs incurred on account Rp 4.950.000
4. Depreciation on factory equipment Ro 1.455.000
5. Depreciation on the company’s office building was Rp 1.430.000
6. Manufacturing overhead rate is 90% of direct labor cost
7. Jobs completed during the quarter: A20, A21, A23
Prepare entries to record operations and job cost sheet!
