For the journal entries listed below select the activity that requires their use
ID: 2420555 • Letter: F
Question
For the journal entries listed below select the activity that requires their use:
Dr. Finished Goods Cr. Work In Process Answer 1Choose...To record general factory overhead costs incurred.Record Depreciation on factory equipment.Requisitioned raw materials for use as supplies.Raw materials requisitioned for use on the assembly line.To adjust COGS for under applied overhead.To adjust COGS for over applied overheadTo record sale to customer.Labor charges incurred for assembly line supervisors.To record cost of shipping finished job to customer.To record cost of job sold to customer.Raw materials purchased on account.To transfer completed jobs to inventory.Labor charges incurred for assemblers.To apply manufacturing overhead.No listed activity would generate (use) this journal entry. Dr. Accounts Receivable Cr. Sales Answer 2Choose...To record general factory overhead costs incurred.Record Depreciation on factory equipment.Requisitioned raw materials for use as supplies.Raw materials requisitioned for use on the assembly line.To adjust COGS for under applied overhead.To adjust COGS for over applied overheadTo record sale to customer.Labor charges incurred for assembly line supervisors.To record cost of shipping finished job to customer.To record cost of job sold to customer.Raw materials purchased on account.To transfer completed jobs to inventory.Labor charges incurred for assemblers.To apply manufacturing overhead.No listed activity would generate (use) this journal entry. Dr. Manufacturing Ovhd Cr. Accumulated Depreciation Answer 3Choose...To record general factory overhead costs incurred.Record Depreciation on factory equipment.Requisitioned raw materials for use as supplies.Raw materials requisitioned for use on the assembly line.To adjust COGS for under applied overhead.To adjust COGS for over applied overheadTo record sale to customer.Labor charges incurred for assembly line supervisors.To record cost of shipping finished job to customer.To record cost of job sold to customer.Raw materials purchased on account.To transfer completed jobs to inventory.Labor charges incurred for assemblers.To apply manufacturing overhead.No listed activity would generate (use) this journal entry. Dr. Manufacturing Ovhd Cr. Factory Wages Payable Answer 4Choose...To record general factory overhead costs incurred.Record Depreciation on factory equipment.Requisitioned raw materials for use as supplies.Raw materials requisitioned for use on the assembly line.To adjust COGS for under applied overhead.To adjust COGS for over applied overheadTo record sale to customer.Labor charges incurred for assembly line supervisors.To record cost of shipping finished job to customer.To record cost of job sold to customer.Raw materials purchased on account.To transfer completed jobs to inventory.Labor charges incurred for assemblers.To apply manufacturing overhead.No listed activity would generate (use) this journal entry. Dr. Shipping expense Cr. Accounts payable. Answer 5Choose...To record general factory overhead costs incurred.Record Depreciation on factory equipment.Requisitioned raw materials for use as supplies.Raw materials requisitioned for use on the assembly line.To adjust COGS for under applied overhead.To adjust COGS for over applied overheadTo record sale to customer.Labor charges incurred for assembly line supervisors.To record cost of shipping finished job to customer.To record cost of job sold to customer.Raw materials purchased on account.To transfer completed jobs to inventory.Labor charges incurred for assemblers.To apply manufacturing overhead.No listed activity would generate (use) this journal entry. Dr. Manufacturing Overhead Cr. Cost of Goods Sold Answer 6Choose...To record general factory overhead costs incurred.Record Depreciation on factory equipment.Requisitioned raw materials for use as supplies.Raw materials requisitioned for use on the assembly line.To adjust COGS for under applied overhead.To adjust COGS for over applied overheadTo record sale to customer.Labor charges incurred for assembly line supervisors.To record cost of shipping finished job to customer.To record cost of job sold to customer.Raw materials purchased on account.To transfer completed jobs to inventory.Labor charges incurred for assemblers.To apply manufacturing overhead.No listed activity would generate (use) this journal entry. Dr. Work In Process Cr. Raw Materials Answer 7Choose...To record general factory overhead costs incurred.Record Depreciation on factory equipment.Requisitioned raw materials for use as supplies.Raw materials requisitioned for use on the assembly line.To adjust COGS for under applied overhead.To adjust COGS for over applied overheadTo record sale to customer.Labor charges incurred for assembly line supervisors.To record cost of shipping finished job to customer.To record cost of job sold to customer.Raw materials purchased on account.To transfer completed jobs to inventory.Labor charges incurred for assemblers.To apply manufacturing overhead.No listed activity would generate (use) this journal entry. Dr. Cost of Goods Sold Cr. Finished Goods Answer 8Choose...To record general factory overhead costs incurred.Record Depreciation on factory equipment.Requisitioned raw materials for use as supplies.Raw materials requisitioned for use on the assembly line.To adjust COGS for under applied overhead.To adjust COGS for over applied overheadTo record sale to customer.Labor charges incurred for assembly line supervisors.To record cost of shipping finished job to customer.To record cost of job sold to customer.Raw materials purchased on account.To transfer completed jobs to inventory.Labor charges incurred for assemblers.To apply manufacturing overhead.No listed activity would generate (use) this journal entry. Dr. Work In Process Cr. Factory Wages Payable Answer 9Choose...To record general factory overhead costs incurred.Record Depreciation on factory equipment.Requisitioned raw materials for use as supplies.Raw materials requisitioned for use on the assembly line.To adjust COGS for under applied overhead.To adjust COGS for over applied overheadTo record sale to customer.Labor charges incurred for assembly line supervisors.To record cost of shipping finished job to customer.To record cost of job sold to customer.Raw materials purchased on account.To transfer completed jobs to inventory.Labor charges incurred for assemblers.To apply manufacturing overhead.No listed activity would generate (use) this journal entry. Dr. Administrative Salaries Incurred Cr. Salaries Payable Answer 10Choose...To record general factory overhead costs incurred.Record Depreciation on factory equipment.Requisitioned raw materials for use as supplies.Raw materials requisitioned for use on the assembly line.To adjust COGS for under applied overhead.To adjust COGS for over applied overheadTo record sale to customer.Labor charges incurred for assembly line supervisors.To record cost of shipping finished job to customer.To record cost of job sold to customer.Raw materials purchased on account.To transfer completed jobs to inventory.Labor charges incurred for assemblers.To apply manufacturing overhead.No listed activity would generate (use) this journal entry. Dr. Manufacturing Overhead Cr. Raw Materials Answer 11Choose...To record general factory overhead costs incurred.Record Depreciation on factory equipment.Requisitioned raw materials for use as supplies.Raw materials requisitioned for use on the assembly line.To adjust COGS for under applied overhead.To adjust COGS for over applied overheadTo record sale to customer.Labor charges incurred for assembly line supervisors.To record cost of shipping finished job to customer.To record cost of job sold to customer.Raw materials purchased on account.To transfer completed jobs to inventory.Labor charges incurred for assemblers.To apply manufacturing overhead.No listed activity would generate (use) this journal entry. Dr. Raw Materials Cr. Accounts Payable Answer 12Choose...To record general factory overhead costs incurred.Record Depreciation on factory equipment.Requisitioned raw materials for use as supplies.Raw materials requisitioned for use on the assembly line.To adjust COGS for under applied overhead.To adjust COGS for over applied overheadTo record sale to customer.Labor charges incurred for assembly line supervisors.To record cost of shipping finished job to customer.To record cost of job sold to customer.Raw materials purchased on account.To transfer completed jobs to inventory.Labor charges incurred for assemblers.To apply manufacturing overhead.No listed activity would generate (use) this journal entry. Dr. Work In Process Cr. Manufacturing Overhead Answer 13Choose...To record general factory overhead costs incurred.Record Depreciation on factory equipment.Requisitioned raw materials for use as supplies.Raw materials requisitioned for use on the assembly line.To adjust COGS for under applied overhead.To adjust COGS for over applied overheadTo record sale to customer.Labor charges incurred for assembly line supervisors.To record cost of shipping finished job to customer.To record cost of job sold to customer.Raw materials purchased on account.To transfer completed jobs to inventory.Labor charges incurred for assemblers.To apply manufacturing overhead.No listed activity would generate (use) this journal entry. Dr. Cost of Goods Sold Cr. Manufacturing Overhead Answer 14Choose...To record general factory overhead costs incurred.Record Depreciation on factory equipment.Requisitioned raw materials for use as supplies.Raw materials requisitioned for use on the assembly line.To adjust COGS for under applied overhead.To adjust COGS for over applied overheadTo record sale to customer.Labor charges incurred for assembly line supervisors.To record cost of shipping finished job to customer.To record cost of job sold to customer.Raw materials purchased on account.To transfer completed jobs to inventory.Labor charges incurred for assemblers.To apply manufacturing overhead.No listed activity would generate (use) this journal entry. Dr. Manufacturing Ovhd Cr. Accounts Payable Answer 15Choose...To record general factory overhead costs incurred.Record Depreciation on factory equipment.Requisitioned raw materials for use as supplies.Raw materials requisitioned for use on the assembly line.To adjust COGS for under applied overhead.To adjust COGS for over applied overheadTo record sale to customer.Labor charges incurred for assembly line supervisors.To record cost of shipping finished job to customer.To record cost of job sold to customer.Raw materials purchased on account.To transfer completed jobs to inventory.Labor charges incurred for assemblers.To apply manufacturing overhead.No listed activity would generate (use) this journal entry.Explanation / Answer
for the journal entries listed below select the activity that requires their use:
Answer 1 To transfer completed jobs to inventory.
answer To record cost of job sold to customer
Cr. Accumulated Depreciation
answer Record Depreciation on factory equipment
answer Labor charges incurred for assembly line supervisors
answer To record cost of shipping finished job to customer.
answer o adjust COGS for under applied overhead.
answer Raw materials requisitioned for use on the assembly line
To adjust COGS for over applied overheadTo record sale to customer
Labor charges incurred for assemblers.
To record general factory overhead costs incurred
To apply manufacturing overhead..
Requisitioned raw materials for use as supplies
To apply manufacturing overhead.
To adjust COGS for under applied overhead.
No listed activity would generate
Dr. Finished Goods Cr. Work In ProcessAnswer 1 To transfer completed jobs to inventory.
Dr. Accounts Receivable Cr. Salesanswer To record cost of job sold to customer
Dr. Manufacturing OvhdCr. Accumulated Depreciation
answer Record Depreciation on factory equipment
Dr. Manufacturing Ovhd Cr. Factory Wages Payableanswer Labor charges incurred for assembly line supervisors
Dr. Shipping expense Cr. Accounts payable.answer To record cost of shipping finished job to customer.
Dr. Manufacturing Overhead Cr. Cost of Goods Soldanswer o adjust COGS for under applied overhead.
Dr. Work In Process Cr. Raw Materialsanswer Raw materials requisitioned for use on the assembly line
Dr. Cost of Goods Sold Cr. Finished GoodsTo adjust COGS for over applied overheadTo record sale to customer
Dr. Work In Process Cr. Factory Wages PayableLabor charges incurred for assemblers.
Dr. Administrative Salaries Incurred Cr. Salaries PayableTo record general factory overhead costs incurred
Dr. Manufacturing Overhead Cr. Raw MaterialsTo apply manufacturing overhead..
Dr. Raw Materials Cr. Accounts PayableRequisitioned raw materials for use as supplies
Dr. Work In Process Cr. Manufacturing OverheadTo apply manufacturing overhead.
Dr. Cost of Goods Sold Cr. Manufacturing OverheadTo adjust COGS for under applied overhead.
Dr. Manufacturing Ovhd Cr. Accounts Payable