On November 2,Newsprint Manufacturing purchases 5 rolls of paper on account at $125 per roll for use within the production process.On November 5,4 rolls of this paper are issued to Job 157A in the Printing Department.The Printing Department records $675 in direct labor and $1,150 of factory overhead to Job 157A.On November 8,Printing transfers Job 157A to the Folding Department.The Folding Department applies $450 in direct labor and $655 in factory overhead to Job 157A.Job 157A is transferred to Finished Goods inventory on November 9.

Question

Quizplus · Accepted Answer

The Answer of On November 2,Newsprint Manufacturing purchases 5 rolls of paper on account at $125 per roll for use within the production process.On November 5,4 rolls of this paper are issued to Job 157A in the Printing Department.The Printing Department records $675 in direct labor and $1,150 of factory overhead to Job 157A.On November 8,Printing transfers Job 157A to the Folding Department.The Folding Department applies $450 in direct labor and $655 in factory overhead to Job 157A.Job 157A is transferred to Finished Goods inventory on November 9.

On November 2,Newsprint Manufacturing Purchases 5 Rolls of Paper on Account