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enos printing corp uses a job order cost system the following data summarize the ope 538795

Enos Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter’s production.

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1. Materials purchased on account $192,000, and factory wages incurred $87,300.

2. Materials requisitioned and factory labor used by job:

Factory

Job Number

Materials

Labor

A20

$ 35,240

$18,000

A21

42,920

22,000

A22

36,100

15,000

A23

39,270

25,000

General factory use

4,470

7,300

$158,000

$87,300

3. Manufacturing overhead costs incurred on account $49,500.

4. Depreciation on equipment $14,550.

5. Manufacturing overhead rate is 90% of direct labor cost.

6. Jobs completed during the quarter: A20, A21, and A23.

Instructions

Prepare entries to record the operations summarized above. (Prepare a schedule showing the individual cost elements and total cost for each job in item 6.)

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