cost accounting help!! Suntry Day Machine Shop is a naanulacturer...
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cost accounting help!!
Suntry Day Machine Shop is a naanulacturer of golf carts. Peter Cranston, the plant manager of Sunny Day Machine, obtains the foliouing information for Job in22 in August 2020. A total of 30 units were started, and 6 spolled units were detected and rejected at final inspection, yieling 24 good units. The spolled units were considered to be nonmal spoilage Costs absigned pror to thin inspection point are $1.350 per unit Assume that the 6 spoiled units of Sunny Day Machine Shop's Job N22 can be rewarked for a total cost of 52.700. A total cost of $8,100 as ocialied with these units has already bean assigned to Job w22 before the resork: Read the Piepare the journal entries for the rework, assuming the following (Record debits first. then credits. Exclude explanations from any joumal entrias, Abtroviations used "Pay" = Payabla, Min." = Manufacturing) a. The fework is related to a specific job b. The rework is common to all jobs
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