MBA 500: Accounting for Management

 MBA 500-Assignment 1 (Due Week 6-09/20/21)
(5 points)
ABC Company is a manufacturer that uses a job order cost system.
The following data summarize the operations related to production for January, the first
month of operations:
a. Purchased 400 units of materials at $14 per unit on account.
b. Requisitioned materials for production as follow:
200 units for Job 101 at $12 per unit.
300 units for Job 102 at $14 per unit.
c. Accumulated direct labor cost as follows:
700 hours of direct labor on Job 101 at $16 per hour.
600 hours of direct labor on Job 102 at $12 per hour.
d. Incurred factory overhead costs as follows: indirect materials, $800; indirect
labor, $3,400; utilities cost, $1,600; and factory depreciation, $2,500.
e.Journalize the entries to record these transactions. (Fill in the blank below.)
***Show your calculation on the next page.
Journal Entry
Date Accounts Debit Credit
a. Materials
Accounts payable
b. Work in process
c. Work in process
Wages payable
d. Factory overhead
Wages payable
Utilities payable
Accumulated depreciation-factory 

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more