Beginning balance $ 15000
Direct materials used 120000 Total manufacturing labor incurred in April was $162500 80% of this amount represented direct labor. The predetermined manufacturing overhead rate is 120% of
direct labor cost. Actual manufacturing overhead costs for April amounted to $150000. Two jobs were completed with total costs of $120000 and $85000
respectively. They were sold on account for $265000 and $155000 respectively. a) Compute the balance in work in process inventory on April 30.
b) Record the journal entry for direct materials used in April.
c) Record the journal entry for total manufacturing labor incurred in April.
d) Record the journal entry to allocate manufacturing labor to the appropriate accounts.
e) Record the journal entry for allocated manufacturing overhead for April.
f) Record the entry to move the completed jobs into finished goods inventory.
g) Record the entry to sell the two completed jobs on account.