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Author Question: When rework is normal and NOT attributable to a specific job, the costs of rework are charged to ... (Read 73 times)

EY67

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Question 1

Which of the following entries reflects the original cost assignment to spoiled units before considering rework cost?
Work-in-Process ControlXXX
Materials ControlXXX
Wages Payable ControlXXX
Manufacturing Overhead AllocatedXXX

Finished Goods ControlXXX
Work-in-Process ControlXXX

Manufacturing Overhead AllocatedXXX
Materials ControlXXX
Wages Payable ControlXXX
Work-in-Process ControlXXX

Materials ControlXXX
Wages Payable ControlXXX
Work-in-Process ControlXXX
Manufacturing Overhead AllocatedXXX


Question 2

When rework is normal and NOT attributable to a specific job, the costs of rework are charged to manufacturing overhead and are spread, through overhead allocation, over all jobs.
◦ true
◦ false


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Marked as best answer by EY67 on Mar 6, 2021

fdliggud

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EY67

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review


strudel15

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Reply 3 on: Yesterday
Excellent

 

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