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    RM, WIP, Payroll and Actual MO

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    Fresh flyer sandwiches started up this month and used up of DM =900,000, DL =750,000 and applied MO=250,000 (with MO applied on DL$) EWIP had one job with DM 132,600 and DL =90,000. Ending RM=100,000, Overapplied MO was 93,000. Selling prices were twice Cost and EFG= 100,000. Period expenses were 45,000.

    Jornalize and post appropriate events to RM, WIP, FG, Payroll, Actual MO, and Applied MO for the month with jornal entry event posting numbers.

    © BrainMass Inc. brainmass.com June 4, 2020, 12:09 am ad1c9bdddf
    https://brainmass.com/business/accounting/rm-wip-payroll-actual-mo-322360

    Solution Summary

    This solution contains an Excel file that journalizes the events of the month for Fresh Flyer Sandwiches.

    $2.19

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