Sheet3 Sheet2 Sheet1 Raw Materials Inventory Work In Process Inventory Factory

Handout Problem Answers

Raw Materials InventoryWork In Process Inventory
DrCr.DrCr.
beg bal5,000beg bal30,000

Factory Labor
DrCr.

Finished Goods Inventory
Factory OverheadDrCr.
DrCr.beg bal50,000

SalesCost of Goods Sold
DrCr.DrCr.

SUBSIDIARY WORK IN PROCESS ACCOUNTS — JOB COST SHEETS

Job 107Job 108
ITEMCOSTITEMCOST
Beginning Balance30,000Beginning Balance
Direct MaterialsDirect Materials
Direct LaborDirect Labor
Factory OverheadFactory Overhead
Total30,000Total-

Job 109
ITEMCOST
Beginning Balance
Direct Materials
Direct Labor
Factory Overhead
Total-

Also read:

This assignment challenges your ability to identify, capture, sequence, and align process activities in a way that enables clear communication of the process and visibility to all activities, including those that are unseen by the customer. Following the example for an Automotive Service Operation process in Exhibit 7.3 in the text, create a service blueprint that depicts an overnight stay in a nationally-recognized hotel chain. Your blueprint should capture the process, which begins with a client’s call to the reservationist and ends with checkout and departure the following day. In addition to your service blueprint, prepare a brief description of two procedures that prevent or block mistakes in the hospitality service process. These process applications are commonly referred to as ‘poka-yokes’ – roughly translated from Japanese into English as ‘error or mistake-proofing’. Exhibit 7.3 in the text includes at least one ‘poka-yoke’ process for each of the four stages noted in the service blueprint that might serve as examples. Length: Your Service Blueprint should span 1-2 pages and may be built using any program of your choosing. It must be accompanied by a one-page description of your mistake-proofing process enhancements indicated above, including in-text citations. Include a brief introduction that broadly describes the contents of your assignment.
Bryant Company incurred costs of $50,000 for direct materials (raw) pu
Hammertown Steel (HS) is planning raw materials requirements for a 40 metric ton (1 MT = 1,000 kg)
March 1, 2017, Alpha Company’s beginning work in process inventory had
March 1, 2017, Alpha Company’s beginning work in process inventory had
Reconcile the balance in Work in Process Inventory with the costs of unfinished goods.
Post the entries to Work in Process Inventory.
Sheet1 Wilmington – 305 – Test 1