Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

9 Prepare general journal entires to record the following production activites for oaks Manufacturing. A purchased 82,00 of raw materials on credit. B used 63,500

9 Prepare general journal entires to record the following production activites for oaks Manufacturing. A purchased 82,00 of raw materials on credit.

B used 63,500 of direct materials in production.

C used 12,800 of indirect materials.

D Used 93,900 of direcct labor in product placement.

E Used 11,200 of indirect labor

F incured overhead costs of 79,000 ( paid in cash)

G applied overhead at 110% of direct labor which are 93,00

H transfered competed products with a cost of 258,200 to finished goods inventory.

I sold 602,000 of the product on credit. Cost is 271,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Audit Workbook

Authors: Azhar Ul Haque Sario

1st Edition

B0C9SG1YC6, 979-8851207891

More Books

Students also viewed these Accounting questions

Question

What leadership style would best characterize Adam Neumann?

Answered: 1 week ago