Question

Cullumber Company is working on two job orders. The job cost sheets show the following.

		Job 201		Job 202
Direct materials		$7,350		$8,950
Direct labor		4,300		8,250
Manufacturing overhead		5,200		9,950

Prepare the three summary entries to record the assignment of costs to Work in Process from the data on the job cost sheets. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

No.	Account Titles and Explanation	Debit	Credit
(a)
	(To assign materials to jobs)
(b)
	(To assign labor to jobs)
(c)
	(To assign overhead to jobs)

Answer 1

No.	Account Titles and Explanation	Debit	Credit
(a)	Work in progress inventory	16300
	Raw materials Inventory		16300
	(To assign materials to jobs.)
(b)	Work in progress inventory (4300+8250)	12550
	Factory labor		12550
	(To assign labor to jobs.)
(c)	Work in progress inventory (5200+9950)	15150
	Manufacturing overhead		15150
	(To assign overhead to jobs.)