Basic Journal Entries in Job- Order Costing (LO 3-5) Finley Educational Products started and finished job number
Question:
Basic Journal Entries in Job-
Order Costing
(LO 3-5) Finley Educational Products started and finished job number B67 during June. The job required $4,600 of direct material and 40 hours of direct labor at $17 per hour. The predetermined overhead rate is $5 per direct-labor hour.
Required: Prepare journal entries to record the incurrence of production costs and the completion of job number B67.
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Related Book For 
Managerial Accounting Creating Value In A Dynamic Business Environment
ISBN: 9781259569562
11th Edition
Authors: Ronald W.Helton, David E. Platt
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