Business, 08.01.2020 21:31 anna4060

Pa12.
lo 4.7the following data summarize the operations during the year. prepare a journal entry for each transaction.

purchase of raw materials on account: $3,000
raw materials used by job 1: $500
raw materials used as indirect materials: $100
direct labor for job 1: $300
indirect labor incurred: $50
factory utilities incurred on account: $700
adjusting entry for factory depreciation: $250
manufacturing overhead applied as percent of direct labor: 200%
job 1 is transferred to finished goods
job 1 is sold: $3,000
manufacturing overhead is overapplied: $100

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Pa12.
lo 4.7the following data summarize the operations during the year. prepare a journal en...

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