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  • قيود1

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    Maryam M
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    This document contains accounting journal entries for recording direct materials, direct labor, variable overhead, and fixed overhead costs. It includes entries for recording actual costs, allocated costs, and variances for direct materials, direct labor, variable overhead, and fixed overhead. The document also includes entries for recording the purchase of direct materials, conversion costs, and the transfer of completed goods to the next stage of production.

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    This document contains accounting journal entries for recording direct materials, direct labor, variable overhead, and fixed overhead costs. It includes entries for recording actual costs, allocated costs, and variances for direct materials, direct labor, variable overhead, and fixed overhead. The document also includes entries for recording the purchase of direct materials, conversion costs, and the transfer of completed goods to the next stage of production.

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    © All Rights Reserved
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    4 views5 pages

    قيود1

    Uploaded by

    Maryam M
    This document contains accounting journal entries for recording direct materials, direct labor, variable overhead, and fixed overhead costs. It includes entries for recording actual costs, allocated costs, and variances for direct materials, direct labor, variable overhead, and fixed overhead. The document also includes entries for recording the purchase of direct materials, conversion costs, and the transfer of completed goods to the next stage of production.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 5

    Record purchase direct material (1) 7 ‫قيود جبتر‬ Record direct material used (2)

    DATE Transaction DR CR DATE Transaction DR CR


    Direct material control xx Work in process xx
    Direct material price Direct material
    variance DR ‫ او‬CR efficiency variance
    DR ‫ او‬CR
    Account payable xx Direct material control xx
    DM&A/P ‫طريقة حساب‬ WIP&DM‫طريقة حساب‬
    1DM=Budget price x Actual quantity of input 1DM=Budget price x Actual quantity of input
    2A/P= Actual price x Actual quantity of input 2WIP= Actual uint x budget input x budget price
    Notes: Notes:
    price variance (FAV) ‫اذا كان‬ efficiency variance (FAV) ‫اذا كان‬
    DR ‫ بيكون‬unf ‫ و العكس صحيح اذا كان‬cr ‫بيكون‬ DR ‫ بيكون‬unf ‫ و العكس صحيح اذا كان‬cr ‫بيكون‬
    Record direct labor for price & efficiency variance (3)
    DATE Transaction DR CR

    Work in process xx

    price variance dr or cr
    efficiency variance dr or cr
    Wages payable xx

    WIP & w/p ‫طريقة حساب‬


    1w/p=Actual price x Actual input
    2WIP= Actual uint x budget input x budget price
    Notes:
    price ‫ و‬efficiency variance (FAV) ‫اذا كان‬
    DR ‫ بيكون‬unf ‫ و العكس صحيح اذا كان‬cr ‫بيكون‬
    Record Actual variable overhead 1 8 ‫قيود جبتر‬
    Date Transaction DR CR

    Variable overhead control xx

    wage payable and other account xx

    Record variable overhead allocated 2


    Date Transaction DR CR

    work in process xx

    variable overhead allocated xx

    Record variable overhead allocated variance 3


    DATE Transaction DR CR
    v. Overhead allocated xx
    spending variance xx
    efficiency variance xx
    v. Overhead control xx
    Record Actual Fixed overhead 1
    Date Transaction DR CR

    fixed overhead control xx

    salaries payable and accumulated dep xx

    Record fixed overhead allocated 2


    Date Transaction DR CR

    work in process xx

    fixed overhead allocated xx

    Record fixed overhead allocated variance 3


    DATE Transaction DR CR
    f . Overhead allocated xx
    spending variance xx
    production variance xx
    f. Overhead control xx
    Record DM Purchase 17 ‫قيود جبتر‬
    Date Transaction DR CR

    work in process-Assembly xx

    Account payable – Assembly xx

    Record conversion cost


    Date Transaction DR CR

    work in process-Assembly xx

    Wages payable & accumulated dep xx

    Record cost of goods completed


    Date Transaction DR CR

    work in process-testing xx

    Work in process – Assemble xx

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