NEED A PERFECT PAPER? PLACE YOUR FIRST ORDER AND SAVE 15% USING COUPON:

III BRIEF EXERCISES 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 FLO

III BRIEF EXERCISES 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 FLO.

III BRIEF EXERCISES

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.

8E2-2 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 utili- i ties 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.

BE24 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.

8E2-5 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 Manufacturing Overhead.)

 

III BRIEF EXERCISES 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 FLO

Solution:

15% off for this assignment.

Our Prices Start at $11.99. As Our First Client, Use Coupon Code GET15 to claim 15% Discount This Month!!

100% Confidentiality

Information about customers is confidential and never disclosed to third parties.

Timely Delivery

No missed deadlines – 97% of assignments are completed in time.

Original Writing

We complete all papers from scratch. You can get a plagiarism report.

Money Back

If you are convinced that our writer has not followed your requirements, feel free to ask for a refund.

WhatsApp us for help!