Huckvale Corporation manufactures custom cabinets for kitchens. It uses a normal costing system with two direct cost categorieslong dashdirect materials and direct manufacturing laborlong dashand one indirect cost pool, manufacturing overhead costs. It provides the following information for April 2017.Actual direct materials used$30,000Actual direct manufacturing labor costs paid in cash$50,000Indirect materials used$1,500Supervision and engineering salaries paid in cash$45,000Plant utilities and repairs paid in cash$13,000Plant depreciation$14,000Actual direct manufacturing labor-hours3,100Cost of individual jobs completed and transferred to finished goods$160,000Cost of goods sold$125,000 Budgeted manufacturing overhead costs$784,000Budgeted direct manufacturing labor-hours28,000hoursPresent journal entries for (a) usage of direct and indirect materials, (b) manufacturing labor incurred, (c) manufacturing overhead costs incurred, (d) allocation of manufacturing overhead costs to jobs, (e), cost of jobs completed and transferred to finished goods, and (f) cost of goods sold. (Assume the cost allocation base is direct labor hours.)
Why Choose Us
- 100% non-plagiarized Papers
- 24/7 /365 Service Available
- Affordable Prices
- Any Paper, Urgency, and Subject
- Will complete your papers in 6 hours
- On-time Delivery
- Money-back and Privacy guarantees
- Unlimited Amendments upon request
- Satisfaction guarantee
How it Works
- Click on the “Place Order” tab at the top menu or “Order Now” icon at the bottom and a new page will appear with an order form to be filled.
- Fill in your paper’s requirements in the "PAPER DETAILS" section.
- Fill in your paper’s academic level, deadline, and the required number of pages from the drop-down menus.
- Click “CREATE ACCOUNT & SIGN IN” to enter your registration details and get an account with us for record-keeping and then, click on “PROCEED TO CHECKOUT” at the bottom of the page.
- From there, the payment sections will show, follow the guided payment process and your order will be available for our writing team to work on it.