Materials

u c/u total cost

Mat A 600.00 5.00 3,000.00
Mat B 350.00 4.00 1,400.00
IM 500.00
4,900.00

WIP - Job 101

u c/u total cost
Mat A 200.00 5.00 1,000.00
Mat B 175.00 4.00 700.00
DL 290.00 5.00 1,450.00
OH (Applied) 1,450.00
4,600.00

FG
u c/u total cost
Commodity X 2,000.00 3.00 6,000.00

1 Materials 8,000.00
Accounts Payable 8,000.00
2 WIP 7,000.00
OHC 1,000.00
Materials 8,000.00
3 Accounts Payable 350.00
Materials 350.00
4 Payroll 10,300.00
SSS Payable 422.00
Medicare Payable 225.00
Wtaxes Payable 1,050.00
Accrued Factory Payroll 8,603.00
4a WIP 8,000.00 ---->> DL
OHC 2,300.00
Payroll 10,300.00
5 WIP 8,000.00
OH Applied 8,000.00
6 FG 21,600.00
WIP 21,600.00
7 A/R 40,000.00
Sales 40,000.00
COS 22,000.00
FG 22,000.00
8 Cash 35,000.00
A/R 35,000.00
 9 OHC 4,800.00
Selling Exp 2,100.00
General Exp 1,500.00
Accounts Payable 8,400.00
10 Accounts Payable 9,500.00
Accrued Factory Payroll 8,500.00
Cash 18,000.00
11 OH Applied 8,000.00
Under-applied OH 100.00
OHC 8,100.00

Cost of Goods Sold Statement

Materials, beg 4,900.00

Purchases 8,000.00
Purchase Returns (350.00)
Materials, end (4,550.00)
IM used (1,000.00) 7,000.00 DM used
8,000.00 DL
8,000.00 OH Applied
23,000.00 TMC
4,600.00 WIP, beg
(6,000.00) WIP, end
21,600.00 CGM
6,000.00 FG, beg
(5,600.00) FG, end
22,000.00 CGS - normal
100.00 Under-applied OH
22,100.00 CGS - actual

FGSC
Commodity X u c/u total cost balance qty
Beginning 2,000.00 3.00 6,000.00 6,000.00
Completed 3,000.00 3.20 9,600.00 15,600.00
Cost of Sales (2,000.00) 3.00 (6,000.00) 9,600.00
Cost of Sales (2,000.00) 3.20 (6,400.00) 3,200.00 1,000.00

Commodity Y u c/u total cost balance qty

Beginning - - - -
Completed 5,000.00 2.40 12,000.00 12,000.00
Cost of Sales (4,000.00) 2.40 (9,600.00) 2,400.00 1,000.00

MSC
Material A u c/u total cost balance qty.
Beginning 600.00 5.00 3,000.00 3,000.00 600.00
 Purchases 600.00 5.50 3,300.00 6,300.00
Issuance - Job 101 (200.00) 5.00 (1,000.00) 5,300.00
Issuance - Job 102 (400.00) 5.00 (2,000.00) 3,300.00
Issuance - Job 102 (200.00) 5.50 (1,100.00) 2,200.00 400.00

Material B u c/u total cost balance

Beginning 350.00 4.00 1,400.00 1,400.00
Purchases 800.00 5.00 4,000.00 5,400.00
Issuance - Job 102 (225.00) 4.00 (900.00) 4,500.00
Issuance - Job 103 (125.00) 4.00 (500.00) 4,000.00
Issuance - Job 103 (300.00) 5.00 (1,500.00) 2,500.00
Return to vendor (70.00) 5.00 (350.00) 2,150.00 430.00

Indirect Materials
Beginning 500.00
Purchases 700.00
Issuance (1,000.00)
Ending 200.00

JCS Job 101

u c/u total cost
DM
Mat A - beg 200.00 5.00 1,000.00
Mat B - beg 175.00 4.00 700.00
Mat A - current prod. 200.00 5.00 1,000.00
DL
DL - beg 290.00 5.00 1,450.00
DL - current prod. 2,000.00
OH Applied
OH - beg 1,450.00
OH - current prod. 2,000.00

Job 102
u c/u total cost
DM
Mat A 400.00 5.00 2,000.00
Mat A 200.00 5.50 1,100.00
Mat B 225.00 4.00 900.00
DL
DL - curr. 4,000.00
OH Applied
OH - curr. 4,000.00

Job 103
 u c/u total cost
DM
Mat B 125.00 4.00 500.00
Mat B 300.00 5.00 1,500.00
DL
2,000.00
OH Applied
2,000.00 6,000.00

u c/u total cost

Sale - Commodity X
From beg. 2,000.00 3.00 6,000.00
From curr. Production 2,000.00 3.20 6,400.00
Sale - Commodity Y
From curr. Production 4,000.00 2.40 9,600.00
22,000.00

Job 101
Beginning Current Total
DM 1,700.00 1,000.00 2,700.00
DL 1,450.00 2,000.00 3,450.00
OH Applied 1,450.00 2,000.00 3,450.00
9,600.00 3000 units 3.20

Job 102
Beginning Current Total
DM - 4,000.00 4,000.00
DL - 4,000.00 4,000.00
OH Applied - 4,000.00 4,000.00
12,000.00 5000 units 2.40

u c/u total cost

Job 101
Mat A - fr. Beg 200.00 5.00 1,000.00
Job 102
Mat A - fr. Beg 400.00 5.00 2,000.00
Mat A - fr. Cur. Purchases 200.00 5.50 1,100.00
Mat B - fr. Beg 225.00 4.00 900.00
Job 103
Mat B - fr. Beg 125.00 4.00 500.00
Mat B - fr. Cur. Purchases 300.00 5.00 1,500.00
7,000.00
c/u

3.20

c/u

2.40

c/u
5.00
5.50

5.50
per unit

per unit