E education. com/v4/anton 5006/233035 14 token Leson J. Budgeting
Proposed budget
for the month
Leslie has not properly budgeted for savings,
retirement, or debt repayment.
213
237
260
3011
47
Actual spending
for the month
[checking
savings
Housing
248.50
Utilities
150
Transportation
150
Groceries
Retirement
Debt Repayment
student Loans
Phone, Cable,
Internet
0
Medical Expenses
Miscellaneous
Dining Out
Total spending
Savings
Housing
Utilities
Transportation
Groceries
Retirement
Debt Repayment
(Student Loans)
Phone, Cable,
Internet
Medical Expenses
Miscellaneous
Dining Out
Total spending
Determine how much Leslie should have in these
three accounts. Then, drag the proper amounts
and drop them in the matching accounts. (You can
use the calculator below for help.)
331
55.00
213
106.50
23.50
142
95
166
421
2366
62.25
165,50
- 0
Calculate
SUBMIT
722 PM
S172021
O
13
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Identify the three components of a family's culture and provide one example from your own experience

Required information problem 15-1a production costs computed and recorded; reports prepared lo c2, p1, p2, p3, p4 [the following information applies to the questions displayed below. marcelino co.'s march 31 inventory of raw materials is $84,000. raw materials purchases in april are $540,000, and factory payroll cost in april is $364,000. overhead costs incurred in april are: indirect materials, $59,000; indirect labor, $26,000; factory rent, $38,000; factory utilities, $19,000; and factory equipment depreciation, $58,000. the predetermined overhead rate is 50% of direct labor cost. job 306 is sold for $670,000 cash in april. costs of the three jobs worked on in april follow. job 306 job 307 job 308 balances on march 31 direct materials $30,000 $36,000 direct labor 25,000 14,000 applied overhead 12,500 7,000 costs during april direct materials 133,000 210,000 $100,000 direct labor 105,000 150,000 101,000 applied overhead ? ? ? status on april 30 finished (sold) finished in process (unsold) required: 1. determine the total of each production cost incurred for april (direct labor, direct materials, and applied overhead), and the total cost assigned to each job (including the balances from march 31). a-materials purchases (on credit). b-direct materials used in production. c-direct labor paid and assigned to work in process inventory. d-indirect labor paid and assigned to factory overhead. e-overhead costs applied to work in process inventory. f-actual overhead costs incurred, including indirect materials. (factory rent and utilities are paid in cash.) g-transfer of jobs 306 and 307 to finished goods inventory. h-cost of goods sold for job 306. i-revenue from the sale of job 306. j-assignment of any underapplied or overapplied overhead to the cost of goods sold account. (the amount is not material.) 2. prepare journal entries for the month of april to record the above transactions. 3. prepare a schedule of cost of goods manufactured. 4.1 compute gross profit for april. 4.2 show how to present the inventories on the april 30 balance sheet.

The cost of direct labor used in production is recorded as a? a. credit to work-in-process inventory account. b. credit to wages payable. c. credit to manufacturing overhead account. d. credit to wages expense.