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Author Question: The Peric Manufacturing Shop produces motorcycle parts. Typically, 22 pieces out of a job lot of ... (Read 54 times)

joe

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on: Mar 6, 2021
The Peric Manufacturing Shop produces motorcycle parts. Typically, 22 pieces out of a job lot of 1800 parts are spoiled. Spoilage is considered a normal part of Peric's production process. Costs are assigned at the inspection point, $52.00 per unit. Spoiled pieces may be disposed at $16.00 per unit. The spoiled goods must be inventoried appropriately when the normal spoilage is detected. The current job requires the production of 3600 good parts. 

Which of the following journal entries properly reflects the recording of spoiled goods?
◦
Work-in-Process Control400
Manufacturing Overhead Control900
Materials Control1300

◦
Materials Control704
Manufacturing Overhead Control1584
Work-in-Process Control2288

◦
Work-in-Process Control2288
Materials Control704
Manufacturing Overhead Control1584

◦
Manufacturing Overhead Control900
Materials Control400
Work-in-Process Control1300
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by joe on Mar 6, 2021

vboyd24

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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joe

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Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it

alexanderhamilton

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Reply 3 on: Yesterday
Excellent

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