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#2 please do all 12 journal entries Factory Overhead Rates Cutting (150% of direct materials used) Stitching (120% of direct labor used) Sales $256,000 Part
#2 please do all 12 journal entries
Factory Overhead Rates Cutting (150% of direct materials used) Stitching (120% of direct labor used) Sales $256,000 Part 2 of 2 Problem 03-1A Part 2 points Skipped 2. Prepare summary journal entries dated May 31 to record the following production activities during May: (a) raw materials purchases, (b) direct materials usage, (c) indirect materials usage, (d) direct labor costs incurred, (e) indire labor costs incurred, (f) payment of factory payroll, (g) other overhead costs, (credit Other Accounts), (h) overhead applied, (i) goods transferred from Cutting to Stitching, () goods transferred from Stitching to finished goods, (k) co: goods sold, and (1) sales. eBook Print References View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 ... 12 Record purchase of raw materials. Note: Enter debits before credits. Screenshot Required information Part 2 of 2 Journal entry worksheet points Record indirect labor cost incurred, but not yet paid. Skipped eBook Note: Enter debits before credits. Print Date General Journal Debit Credit References May 31. Record entry Clear entry View general journal Screenshot Required information Part 2 of 2 Journal entry worksheet
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