Levels Tought:
Elementary,Middle School,High School,College,University,PHD
Teaching Since: | May 2017 |
Last Sign in: | 304 Weeks Ago, 6 Days Ago |
Questions Answered: | 66690 |
Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Zelda Manufacturing organized in June and recorded the following transactions during June, its first month of operations:
1. | Purchased materials costing $800,000. |
2. | Used direct materials in production costing $485,000. |
3. | Applied direct labor costs of $500,000 to various jobs. |
4. | Applied manufacturing overhead at a rate of $10 per direct labor hour. (Direct labor workers earn $20 per hour.) |
5. | Incurred actual manufacturing overhead costs of $245,000 (credit "Various Accounts"). |
6. | Transferred completed jobs costing $745,000 to finished goods. |
7. | Sold completed jobs for $1,000,000 on account. The cost applied to the jobs sold totaled $615,000. |
8. | Closed the Manufacturing Overhead account directly to Cost of Goods Sold on June 30. |
Â
Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------acq-----------uis-----------iti-----------on -----------of -----------my -----------pos-----------ted----------- so-----------lut-----------ion-----------.Pl-----------eas-----------e p-----------ing----------- me----------- on-----------cha-----------t I----------- am----------- on-----------lin-----------e o-----------r i-----------nbo-----------x m-----------e a----------- me-----------ssa-----------ge -----------I w-----------ill----------- be-----------