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In: Accounting

Maram Manufacturing Company received orders: 1; 2; 3. Orders: 2 and order 3 completed. Order 2...

Maram Manufacturing Company received orders: 1; 2; 3. Orders: 2 and order 3 completed. Order 2 sold. I

nstructions: Prepare job costing schedule. And the necessary journals.

Additional information:

1. Materials used $200,000 distributed 30%; 20%; 50% respectively to the orders.

2. Labor: $20,000; $30,000; $40,000 respectively to the orders.

3. Overhead cost: $10,000; $60,000; $70,000 respectively to the orders.

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