Manufacturing costs for Shanes Shovels are shown in Exercise 5.19. Direct materials issued to production ....... $180,000

Question:

Manufacturing costs for Shane’s Shovels are shown in Exercise 5.19.
Direct materials issued to production ....... $180,000
Indirect materials issued to production ....... 30,000
Other manufacturing overhead incurred ...... 250,000
Overhead allocated ............... 225,000
Direct labor costs ................ 75,000

REQUIRED
Write out the journal entries for these transactions, including the adjustment.