Urman Inc. uses a job-order costing system. During the month of May, the following transactions occurred: May 1 Purchased materials on account for $29,670. 3 Requisitioned materials totaling $24,500 for use in production. Of the total, $9,200 was for Job 58, $8,900 for Job 59, and the remainder for Job 60. 31 Incurred direct labor for the month of $32,400, with an average wage of $18 per hour. Job 58 used 800 hours; Job 59, 600 hours; and Job 60, 400 hours. 31 Incurred and paid actual overhead of $17,880 (credit Various Payables). 31 Charged overhead to production at the rate of $4.80 per direct labor hour. 31 Completed and transferred Jobs 58 and 59 to Finished Goods. 31 Sold Job 57 (see beginning balance of Finished Goods) and Job 58 to their respective clients on account for a price of cost plus 40%. Beginning balances as of May 1 were: Materials $2,300 Work in Process 0 Finished Goods (Job 57) 25,600

Explanation:

1. Journal Entries    

Date    Particulars                Debit                  Credit

May-01    Purchases                 29,670              

                  Accounts Payable                           29,670

May-03    

                  Job 58- WIP              9,200  

                 Job 59- WIP                      8,900  

                 Job 60- WIP                      6,400  

                  Stock                                                     24,500

May-31  Job 58- WIP                     14,400  

                Job 59- WIP                     10,800  

               Job 60- WIP                     7,200  

                Labour Control                                          32,400

May-31  Labour Control                32,400                    

                Cash                                                          32,400

May-31  Overhead                      17,880  

                 Cash                                                           17,880

May-31  Job 58- WIP                     6,720  

                Job 59- WIP                      5,040  

                Job 60- WIP                       3,360  

                 Overhead control                                           15,120

May-31   Bank                                 77,084  

                  Sale- Job 57           42,448

                   Sale- Job 58           34,636

2 Job order Cost Sheet  

ParticularsJob 58                       Job 59                          Job 60

Material issue  9,200                        8,900                             6,400

Labour            14,400                        10,800                              7,200

Overhead      6,720                        5,040                              3,360

Total Cost      30,320                24,740                              16,960

3. Balance of raw material  

   Opening        2,300  

   Purchases         29,670  

   Issued                 24,500  

Balance                 7,470  

3. Balance of WIP  

   Opening                           -    

    Additions           24,500  

   Issued                   15,300  

   Balance            9,200  

3. Balance of Finished Goods  

  Opening                  25,600

  (Job 57)  

  WIP TrFD              15,300  

   Sale                       34,500  

   Balance                6,400  

bd = 9 cm

step-by-step explanation:

in a 30°-60°-90° triangle, the ratio of side lengths is 1 : √3 : 2. that is, the longest side (hypotenuse) is twice the length of the shortest side.

all of the triangles in your geometry are 30°-60°-90° triangles. ac is the hypotenuse of δacd, and the short side of δabc.

the short side ad of δacd will be half the length of ac, so 3 cm. the hypotenuse ab of δabc will be twice the length of ac, so 12 cm. segment bd is the difference of the lengths ab and ad, so is

bd = ab -ad

bd = 12 cm - 3 cm = 9 cm

comment on side length ratios

you can figure the ratios of side lengths in a 30°-60°-90° triangle by considering the trig ratios of the angles. or you can figure the length of the altitude of an equilateral triangle of side length 2 using the pythagorean theorem.

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