A job cost sheet of Sandoval Company is given below:
Job No. 469 Quantity 2,500
ITEM White Lion Cages Date Requested 7.2
FOR Todd Company Date Completed 7/31
Date Direct materials Direct Labor Manufacturing Overhead
7/10 700
12 911
15 500 620
22 535 663
24 1,623
27 1,591
31 609 755
Cost of completed job:
Direct materials
Direct labor Manufacturing overhead
Total cost
Unit cost
1. What are the sources documents for direct materials, direct labor, and manufacturing overhead costs assigned to this job?
Source Documents
Direct materials
Direct labor
Manufacturing overhead
2. What is the predetermined manufacturing overhead rate? (Round answer to 0 decimal places)
3. What are the total cost and the unit cost of the completed job? (Round unit cost to 2 decimal places)
4. Prepare the entry to record the completion of the job.

Ming chen began a professional practice on june 1 and plans to prepare financial statements at the end of each month. during june, ming chen (the owner) completed these transactions. a. owner invested $61,000 cash in the company along with equipment that had a $25,000 market value. b. the company paid $1,900 cash for rent of office space for the month. c. the company purchased $15,000 of additional equipment on credit (payment due within 30 days). d. the company completed work for a client and immediately collected the $2,100 cash earned. e. the company completed work for a client and sent a bill for $7,000 to be received within 30 days. f. the company purchased additional equipment for $5,500 cash. g. the company paid an assistant $3,000 cash as wages for the month. h. the company collected $5,200 cash as a partial payment for the amount owed by the client in transaction e. i. the company paid $15,000 cash to settle the liability created in transaction c. j. owner withdrew $1,500 cash from the company for personal use. required: enter the impact of each transaction on individual items of the accounting equation. (enter decreases to account balances with a minus sign.)

Walsh company manufactures and sells one product. the following information pertains to each of the company’s first two years of operations: variable costs per unit: manufacturing: direct materials $ 25 direct labor $ 12 variable manufacturing overhead $ 5 variable selling and administrative $ 4 fixed costs per year: fixed manufacturing overhead $ 400,000 fixed selling and administrative expenses $ 60,000 during its first year of operations, walsh produced 50,000 units and sold 40,000 units. during its second year of operations, it produced 40,000 units and sold 50,000 units. the selling price of the company’s product is $83 per unit. required: 1. assume the company uses variable costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 2. assume the company uses absorption costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 3. reconcile the difference between variable costing and absorption costing net operating income in year 1.

When selecting a savings account, you should look at the following factors except annual percentage yield (apy) fees minimum balance interest thresholds taxes paid on the interest variable interest rates