JOURNAL VOUCHER Date January 31, Account 2011 Acct


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All the information is provided in the attachments. 231 Mini Practice Blank forms.xls JOURNAL VOUCHER Date January 31, Account 2011 Acct No. No. √ 1-1 DEBIT CREDIT Explanation Audited by: Approved by: Prepared by: JOURNAL VOUCHER Date January 31, Account 2011 Acct No. No. √ 1-2 DEBIT CREDIT Explanation Audited by: Approved by: Prepared by: JOURNAL VOUCHER Date January 31, Account 2011 Acct No. No. √ 1-3 DEBIT CREDIT Explanation Audited by: Approved by: Prepared by: JOURNAL VOUCHER Date January 31, Account 2011 Acct No. No. √ 1-4 DEBIT CREDIT Explanation Audited by: Approved by: Prepared by: JOURNAL VOUCHER Date January 31, Account 2011 Acct No. No. √ 1-5 DEBIT CREDIT Explanation Audited by: Approved by: Prepared by: JOURNAL VOUCHER Date Account January 31, 2011 Acct No. No. √ 1-6 DEBIT CREDIT Explanation Audited by: Approved by: Prepared by: JOURNAL VOUCHER Date January 31, Account 2011 Acct No. No. √ 1-7 DEBIT CREDIT Explanation Audited by: Approved by: Prepared by: JOURNAL VOUCHER Date January 31, Account 2011 Acct No. No. √ 1-8 DEBIT Explanation Audited by: Prepared by: Approved by: CREDIT Raw Materials Inventory No. 121 NAME 2011 DATE Jan. EXPLANATION 1 Balance POST REF. DEBIT CREDIT √ BALANCE DR. (CR.) 348,000.00 Work In Process Inventory-Combining Dept. No. DR. 123 NAME 2011 DATE Jan. EXPLANATION 1 Balance POST REF. DEBIT CREDIT BALANCE √ DR. (CR.) 6,900.00 Work In Process Inventory-Fractionating Dept. No. Dr 124 NAME 2011 DATE Jan. EXPLANATION 1 Balance POST REF. DEBIT CREDIT BALANCE √ DR. (CR.) 39,980.00 Work In Process Inventory-Electrocharging Dept. No. Dr 125 NAME 2011 DATE Jan. EXPLANATION 1 Balance POST REF. DEBIT CREDIT BALANCE √ DR. (CR.) 61,770.00 Finished Goods Inventory No. Dr 126 NAME 2011 DATE Jan. EXPLANATION 1 Balance POST REF. DEBIT CREDIT √ BALANCE Dr. (Cr.) 121,310.00 Inventory of By-Product No. Dr 127 NAME 2011 DATE Jan. EXPLANATION 1 Balance POST REF. √ DEBIT CREDIT BALANCE 400.00 Dr. (Cr.) Dr Factory Payroll Clearing No. 500 NAME 2011 DATE Jan. EXPLANATION 1 Balance POST REF. DEBIT CREDIT BALANCE √ Dr. (Cr.) 0.00 Manufacturing Overhead Control No. Dr 501 NAME 2011 DATE Jan. EXPLANATION 1 Balance POST REF. √ DEBIT CREDIT BALANCE 3,700.00 Dr. (Cr.) Dr Jasper Chemical Corporation Combining Department Monthly Production Report- Average Cost January, 2011 Quantity to Account For: Beginning Inventory Started in Production-Current Month Total Quantity Accounted For: Transferred Out to Next Department: To Fractionating To Electrocharging Work in Process–Ending Lost in Production Total Stage of Completion of Work in Process: Ending Materials Labor Overhead 100% 50% 50% Jasper Chemical Corporation Combining Department Equivalent Production Computations Month of January, 2011 Materials: Transferred out to next department Work in Process (______ units X 100%) Equivalent Units for Materials Labor: Transferred out to next department Work in Process (______ units X 50%) Equivalent Units for Labor Overhead: Transferred out to next department Work in Process (_______ units X 50%) Equivalent Units for Overhead Jasper Chemical Corporation Combining Department Equivalent Production Computation Month of January, 2011 Materials: Transferred out to next department Work in Process (______units X 100%) Equivalent Units for Materials Labor: Transferred out to next department Work in Process (______ units X 50%) Equivalent Units for Labor Overhead: Transferred out to next department Work in Process (______ units X 50%) Equivalent Units for Overhead Jasper Chemical Corporation Combining Department Cost of Production Report-Average Method Month of January, 2011 QUANTITY SCHEDULE: Quantity to Be Accounted For: Work in Process, January 1st Started into Production Total to Be Accounted For Units Quantity Accounted For: Transferred out to Next Departments: To Fractionating To Electrocharging Work in Process, January 31st Lost in Production Total Accounted For EQUIVALENT PRODUCTION SCHEDULE: T

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