Amunrud Corporation uses a job-order costing system to assign manufacturing costs to jobs. At the end of the month it closes out any overapplied or underapplied manufacturing overhead to Cost of Goods Sold. Its balance sheet on January 1 appears below:
Summaries of the transactions completed during January appear below:
Required:Completely fill in the spreadsheet below.

Question

Amunrud Corporation uses a job-order costing system to assign manufacturing costs to jobs. At the end of the month it closes out any overapplied or underapplied manufacturing overhead to Cost of Goods Sold. Its balance sheet on January 1 appears below:
  Summaries of the transactions completed during January appear below:
  Required:Completely fill in the spreadsheet below.

Quizplus · Accepted Answer

The Answer of Amunrud Corporation uses a job-order costing system to assign manufacturing costs to jobs. At the end of the month it closes out any overapplied or underapplied manufacturing overhead to Cost of Goods Sold. Its balance sheet on January 1 appears below:
  Summaries of the transactions completed during January appear below:
  Required:Completely fill in the spreadsheet below.

Amunrud Corporation Uses a Job-Order Costing System to Assign Manufacturing