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General Journal
Date	Description	Debit	Credit
1-Dec	Raw Materials	$11,000
	Accounts Payable		$11,000
5-Dec	Work in Process 1	$1,900
	Raw Materials		$1,900
10-Dec	Work in Process 1	$150
	Manufactured Overhead	$3,500
	Salary Expense	$2,000
	Salaries and Wages Payable		$5,650
15-Dec	Work in Process 2	$2,210
	Raw Materials		$2,210
16-Dec	Manufactured Overhead	$600
	Accounts Payable		$600
17-Dec	Advertising Expense	$1,400
	Accounts Payable		$1,400
20-Dec	Manufactured Overhead	$150
	Depreciation Expense	$600
	Accumulated Depreciation		$750
22-Dec	Work in Process 1	$2,100
	Manufactured Overhead		$2,100
26-Dec	Finished goods	$4,150
	Work in Process 1		$4,150
28-Dec	Accounts Receivable	$16,000
	Sales Revenue		$16,000
	Cost of Goods Sold	$4,150
	Finished goods		$4,150
31-Dec	Work in process 2	$75
	Salaries and Wages Payable		$75
31-Dec	Work in Process 2	$1,050
	Manufactured Overhead		$1,050
31-Dec	Cost of Good Sold	$1,100
	Manufactured Overhead		$1,100
			Was the manufacturing overhead for the month of December overapplied/underapplied ? What is the amount of Manufacturing overhead overapplied/underapplied? What is the adjusted cost of goods sold? What is gross margin? What is the total prime cost for Job#1? What is the total conversion cost for job #1? What is the total product cost for job#1? What was the period cost incurred for the month of December? What is the total variable cost incurred for Job #1(assume that all selling and administrative cost and all manufacturing overhead costs are fixed.)? What is the contribution margin for Job #1 (assume that all selling and administrative cost and all manufacturing overhead costs are fixed.)? What would be the actual (not applied) total fixed manufacturing overhead cost incurred for the company for the month if the order in Job #1 is for five tables instead of one table assuming this cost is with in the relevant range?

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