Professional Documents
Culture Documents
WIP 50,000.00
FOH - Applied
24/21
FG 147,000.00
WIP
COGS 165,000.00
FG
FOH - A 50,000.00
Under Applied FO 5,000.00
FOH - C
COGS 5,000.00
Under Applied FOH
80,000.00 1 pt
AP
78,000.00 1 pt 78000 10000
12000 80000
90000 90000
76,000.00 1 pt
23,500.00 1 pt
23,500.00 1 pt
55,000.00 1 pt
50,000.00 1 pt
147,000.00 1 pt
165,000.00 1 pt
1 pt
55,000.00
5,000.00 1 pt
Journal Entries Wesley Company
Work in Process 9,000.00 Cost of Goods Manufactured
Raw Materials 9,000.00 For the month of October 2015
20,000.00
28,900.00
ble for use 48,900.00
26,175.00
22,725.00
10,125.00
8,100.00
40,950.00
-
40,950.00
8,291.25
32,658.75
Overhead
4,500.00
4,500.00
(3,660.00) > to get the cost of 800 units of finished products
840.00 4,410.00
(18,315.00)
Overhead
3,600.00
3,600.00
(3,000.00) > to get the cost of 1500 units of finished products
600.00 3,881.25
(14,343.75) 8,291.25
(32,658.75)
SYM Company
Statement of Cost of Good Sold
For the month of May 2016
Work in Process
FOH - Applied
Finished Goods
Work in Process
FOH - Applied
Under Applied FOH
FOH - Control
78,000.00 AP
78,000.00 78000 10000
12000 80000
76,000.00 90000 90000
76,000.00
23,500.00
23,500.00
23,500.00
23,500.00
55,000.00
55,000.00
50,000.00
50,000.00
147,000.00
147,000.00
165,000.00
165,000.00
50,000.00
5,000.00
55,000.00
5,000.00
Applied FOH 5,000.00