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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Job costing, journal entries. Donnell Transport assembles prestige manufactured homes. Its job costing system has two direct-cost categories (direct materials and direct manufacturing labor) and one indirect-cost pool (manufacturing overhead allocated at a budgeted $30 per machine-hour in 2009). The following data (in millions) pertain to operations for 2009:
1. Prepare an overview diagram of Donnell Transport’s job-costing system.
2. Prepare journal entries. Number your entries. Post to T-accounts. What is the ending balance of Work-in-Process Control?
3. Show the journal entry for disposing of under- or over allocated manufacturing overhead directly as a year-end write-off to Cost of Goods Sold. Post the entry toT-accounts
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