19-8,9,10
The following information is available for Lock-Title Company, which produces special order security products and uses a job order costing system Compute the following amount for the month of May. Cost of direct materials used Cost of direct labor used Cost of goods manufactured Cost of goods sold Gross profit Overapplied or underapplied overhead Use information in Exercise 19-7 to prepare journal entries for the following events fee the month of May Raw materials purchase for cash Direct materials usage indirect materials usage Use information in Exercise 19-7 to prepare journal entries for the following events fee the month of May Direct labor usage indirect labor usage Total payroll payed in cash Use information in Exercise 19-7 to prepare journal entries for the following events fee the month of May Incurred other overhead costs (record credit to Other Accounts). Application of overhead to work in process The following information is available for Lock-Title Company, which produces special order security products and uses a job order costing system Compute the following amount for the month of May. Cost of direct materials used Cost of direct labor used Cost of goods manufactured Cost of goods sold Gross profit Overapplied or underapplied overhead Use information in Exercise 19-7 to prepare journal entries for the following events fee the month of May Raw materials purchase for cash Direct materials usage indirect materials usage Use information in Exercise 19-7 to prepare journal entries for the following events fee the month of May Direct labor usage indirect labor usage Total payroll payed in cash Use information in Exercise 19-7 to prepare journal entries for the following events fee the month of May Incurred other overhead costs (record credit to Other Accounts). Application of overhead to work in process