JOURNAL ENTRIES FOR MATERIAL, LABOR, AND OVERHEAD Eto Manufacturing had the following transactions during the month: (a)
Question:
JOURNAL ENTRIES FOR MATERIAL, LABOR, AND OVERHEAD Eto Manufacturing had the following transactions during the month:
(a) Purchased raw materials on account, $70,000.
(b) Issued direct materials to Job No. 300, $25,000.
(c) Issued indirect materials to production, $10,000.
(d) Paid biweekly payroll and charged direct labor to Job No. 300, $8,000.
(e) Paid biweekly payroll and charged indirect labor to production, $3,000.
(f) Issued direct materials to Job No. 301, $20,000.
(g) Issued indirect materials to production, $4,000.
(h) Paid miscellaneous factory overhead charges, $6,000.
(i) Paid biweekly payroll and charged direct labor to Job No. 301, $10,000.
(j) Paid biweekly payroll and charged indirect labor to production, $2,000.
REQUIRED
Prepare general journal entries for transactions (a) through (j).
Step by Step Answer: