Prepare a set of summarized journal entries for all October 2017 transactions affecting Work in Process- Assembly.
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Physical Units (Car Seats) 4,000 22,500 26,000 500 Direct Materials Conversion Costs Work in process, October 1 Started during October 2017 Completed during October 2017 Work in process, October 31 Total costs added during October 2017 1,248,000 241,650 $4,635,000 $2,575,125
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1 Work in ProcessAssembly Department 4635 000 Accounts Payable 4635 ...View the full answer
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Related Book For
Horngrens Cost Accounting A Managerial Emphasis
ISBN: 978-0134475585
16th edition
Authors: Srikant M. Datar, Madhav V. Rajan
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