300 650 2,490 5,000 repairs Office supplies Office utilities Repairs on office Dispatcher's salary Property taxes on office buildin CEO's salary Gas and oil for delivery trucks 870 12,000 3,200 equipment 180 Instructions Determine the total amount of (a) delivery service (product) costs and (b) period costs Finn Manufacturing Company uses a job order cost accounting system and keeps perpetual inventory records. Prepare journal entries to record the following transactions during the month of June. 7. June 1 Purchased raw materials for $20,000 on account. 8 Raw materials requisitioned by production Direct materials $8,000 1,000 Indirect materials 25 Incurred $108,000 of factory labor. 25 Time tickets indicated the following: 15 Paid factory utilities, $2,100 and repairs for factory equipment, $8,000. Direct Labor Indirect Labor (7,000 hrs $12 per hr) (3,000 hrs x $8 per hr) $84,000 $108,000 25 Applied manufacturing overhead to production based on a predetermined overhead 28 Goods costing $18,000 were completed in the factory and were transferred to finished 30 Goods costing $15,000 were sold for $20,000 on account. rate of $7 per direct labor hour worked. goods