Please help me with the following question thank you On January 1, 2017, Alpha C
ID: 2534102 • Letter: P
Question
Please help me with the following question thank you
On January 1, 2017, Alpha Company had Job Al with an accumulated total cost of $27,800 as part of its beginning WIP balance. On January 15, $9,000 of direct materials was requisitioned into Job A and $7,000 of direct material was requisitioned into Job B2. Alpha applies manufacturing overhead on the basis of $35 per machine hour. As of January 18, Job Al used 260 machine hours and Job B2 used 150 machine hours. January 19 payroll records recorded 350 hours of direct labor was charged to Job Al job at $40 per hour and 200 hours of direct labor was charged to Job B2 at $30 per hour. Job Al was completed on January 20. Use this information to prepare the January General Journal entries, without explanations, for all January 2017 transactions noted. Round any final dollar answers to the nearest whole dollar. Include individual job numbers in account titles as may be needed.): Debit 1/20/17Explanation / Answer
Date Accounts Debit Credit 15-Jan-17 WIP Inventory - A1 9,000.00 WIP Inventory - B2 7,000.00 Raw Material Inventory 16,000.00 18-Jan-17 WIP Inventory - A1 9,100.00 WIP Inventory - B2 5,250.00 Manufacturing Overhead 14,350.00 19-Jan-17 WIP Inventory - A1 14,000.00 WIP Inventory - B2 6,000.00 Accrued Payroll 20,000.00 20-Jan-17 Finished Goods Inventory 59,900.00 WIP Inventory - A1 59,900.00