Prepare a summary journal entry to record raw materials used

W2 Assignment “Application Problems 2”

Page 75: Brief Exercises 2-1 through 2-5

BE2-1 Dieker Company begins operations on January 1. Because all work is done to customer specifications, the company decides to use a job order cost system. Prepare a flowchart of a typical job order system with arrows showing the flow of costs. Identify the eight

transactions.

BE2-2 During January, its first month of operations, Dieker Company accumulated the following manufacturing costs: raw materials $4,000 on account, factory labor $6,000 of which

$5,200 relates to factory wages payable and $800 relates to payroll taxes payable, and utilities payable $2,000. Prepare separate journal entries for each type of manufacturing cost.

BE2-3 In January, Dieker Company requisitions raw materials for production as follows:

Job 1 $900, Job 2 $1,200, Job 3 $700, and general factory use $600. Prepare a summary

journal entry to record raw materials used.

BE2-4 Factory labor data for Dieker Company is given in BE2-2. During January, time

tickets show that the factory labor of $6,000 was used as follows: Job 1 $2,200, Job 2

$1,600, Job 3 $1,400, and general factory use $800. Prepare a summary journal entry to

record factory labor used.

BE2-5 Data pertaining to job cost sheets for Dieker Company are given in BE2-3 and BE2-4.

Prepare the job cost sheets for each of the three jobs. (Note: You may omit the column for

W2 Assignment “Application Problems 2”

Page 75: Brief Exercises 2

-

1 through 2

-

5

BE2

-

1

Dieker Company begins operations on January 1. Because all work is done to customer

specific

ations, the company decides to use a job order cost system. Prepare a flowchart of a typical job

order system with arrows showing the flow of costs. Identify the eight

transactions.

BE2

-

2

During January, its first month of operations, Dieker Company accum

ulated the following

manufacturing costs: raw materials $4,000 on account, factory labor $6,000 of which

$5,200 relates to factory wages payable and $800 relates to payroll taxes payable, and utilities payable

$2,000. Prepare separate journal entries for

each type of manufacturing cost.

BE2

-

3

In January, Dieker Company requisitions raw materials for production as follows:

Job 1 $900, Job 2 $1,200, Job 3 $700, and general factory use $600. Prepare a summary

journal entry to record raw materials used.

BE2

-

4

Factory labor data for Dieker Company is given in BE2

-

2. During January, time

tickets show that the factory labor of $6,000 was used as follows: Job 1 $2,200, Job 2

$1,600, Job 3 $1,400, and general factory use $800. Prepare a summary journal entry to

record factory labor used.

BE2

-

5

Data pertaining to job cost sheets for Dieker Company are given in BE2

-

3 and BE2

-

4.

Prepare the job cost sheets for each of the three jobs. (Note: You may omit the column for

W2 Assignment “Application Problems 2”

Page 75: Brief Exercises 2-1 through 2-5

BE2-1 Dieker Company begins operations on January 1. Because all work is done to customer

specifications, the company decides to use a job order cost system. Prepare a flowchart of a typical job

order system with arrows showing the flow of costs. Identify the eight

transactions.

BE2-2 During January, its first month of operations, Dieker Company accumulated the following

manufacturing costs: raw materials $4,000 on account, factory labor $6,000 of which

$5,200 relates to factory wages payable and $800 relates to payroll taxes payable, and utilities payable

$2,000. Prepare separate journal entries for each type of manufacturing cost.

BE2-3 In January, Dieker Company requisitions raw materials for production as follows:

Job 1 $900, Job 2 $1,200, Job 3 $700, and general factory use $600. Prepare a summary

journal entry to record raw materials used.

BE2-4 Factory labor data for Dieker Company is given in BE2-2. During January, time

tickets show that the factory labor of $6,000 was used as follows: Job 1 $2,200, Job 2

$1,600, Job 3 $1,400, and general factory use $800. Prepare a summary journal entry to

record factory labor used.

BE2-5 Data pertaining to job cost sheets for Dieker Company are given in BE2-3 and BE2-4.

Prepare the job cost sheets for each of the three jobs. (Note: You may omit the column for

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