Kapoor Company uses job-order costing. During January, the following data were reported:Materials purchased on account: direct materials, $99,500; indirect materials, $14,800.Materials issued: direct materials, $81,500; indirect materials, $8,800.Labor cost incurred: direct labor, $67,000; indirect labor, $18,770.Other manufacturing costs incurred (all payables), $46,200.Overhead is applied on the basis of 110 percent of direct labor cost. Work finished and transferred to Finished Goods Inventory cost $235,700.Finished goods costing $212,000 were sold on account for 140 percent of cost. Make the entry to record the cost of the jobs first, followed by the entry to record the revenue from their sale. Any over- or underapplied overhead is closed to Cost of Goods Sold. Required:1. Prepare journal entries to record these transactions.2. Prepare a T-account for Overhead Control.3. Prepare a T-account for Work-in-Process Inventory. Assume a beginning balance of $10,000.

Kapoor Company

1. Journal Entries:

Debit Direct materials, $99,500

Debit Indirect materials, $14,800

Credit Accounts payable $114,300

Debit Work-in-Process $81,500

Credit Direct materials, $81,500

Debit Factory Overhead $8,800

Credit Indirect materials, $8,800

Debit Work-in-Process $67,000

Credit Direct labor, $67,000

Debit Factory overhead $18,770

Credit Indirect labor, $18,770

Debit Factory overhead $46,200

Credit Accounts Payable $46,200

Debit Work-in-Process $73,700

Credit Factory overhead $73,700

Debit Finished Goods Inventory cost $235,700

Credit Work-in-Process $235,700

Debit Cost of goods sold $212,000

Credit Finished goods $212,000

Debit Accounts Receivable $296,800

Credit Sales Revenue $296,800

2. T-account for

Overhead Control:

Account Titles                  Debit        Credit

Indirect materials,          $8,800

Indirect labor,                $18,770

Accounts Payable       $46,200

Work-in-Process                              $73,700

Underapplied overhead                           70

3. T-account for

Work-in-Process Inventory

Account Titles                  Debit        Credit

Beginning balance       $10,000

Direct materials,           $81,500

Direct labor,                 $67,000

Factory overhead        $73,700

Finished Goods Inventory cost   $235,700

Overapplied overhead   3,500

Explanation:

a) Data and Analysis:

Direct materials, $99,500

Indirect materials, $14,800

Accounts payable $114,300

Work-in-Process $81,500

Direct materials, $81,500

Factory Overhead $8,800

indirect materials, $8,800

Work-in-Process $67,000

direct labor, $67,000

Factory overhead $18,770

indirect labor, $18,770

Factory overhead $46,200

Accounts Payable $46,200

Work-in-Process $73,700

Factory overhead $73,700 ($67,000 * 110%)

Finished Goods Inventory cost $235,700

Work-in-Process $235,700

Cost of goods sold $212,000

Finished goods $212,000

Accounts Receivable $296,800

Sales Revenue $296,800 ($212,000 * 140%)

the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues,   with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.

the correct answer is - no.

winnipeg, canada, is not further away from the equator than moscow, russia, in fact moscow is the city that is further away from the equator. moscow is on a latitude of 55.7558° north, while winnipeg is on a latitude of 49.8951° north, thus putting moscow by 5.8607° further away from the equator than winnipeg is.