Rowe Co.'s Job 401 for the manufacture of 2,200 wagons was completed during August at the unit costs presented below. Final inspection of Job 401 disclosed 200 spoiled wagons that were sold to a jobber for $6,000. Assume that the spoilage loss is attributable to the exacting specifications of Job 401 and is charged to this specific job. What would be the journal entry to record the spoilage?

Question

Rowe Co.'s Job 401 for the manufacture of 2,200 wagons was completed during August at the unit costs presented below. Final inspection of Job 401 disclosed 200 spoiled wagons that were sold to a jobber for $6,000.  Assume that the spoilage loss is attributable to the exacting specifications of Job 401 and is charged to this specific job. What would be the journal entry to record the spoilage?

Quizplus · Accepted Answer

The Answer of Rowe Co.'s Job 401 for the manufacture of 2,200 wagons was completed during August at the unit costs presented below. Final inspection of Job 401 disclosed 200 spoiled wagons that were sold to a jobber for $6,000.  Assume that the spoilage loss is attributable to the exacting specifications of Job 401 and is charged to this specific job. What would be the journal entry to record the spoilage?

Rowe Co'S Job 401 for the Manufacture of 2,200 Wagons Was