Question
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
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