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A. purchases 180,000 pounds of material on account; the cost was $5.00 oer pound B. Issued 120,000 pounds of materials to production of which 150,000
A. purchases 180,000 pounds of material on account; the cost was $5.00 oer pound B. Issued 120,000 pounds of materials to production of which 150,000 were used as indirect materials C. incurred direct labor costs of $240,000 and $40,000 of indirect labor costs D. Recorded depreciation on equipment for the month, $75,700 E Recorded insurance costs for the manufacturing property. $3,500 F Paid $8,500 cash for utlities and other micellaneous items for the manufacturing plan G. complete Job H11 costing $7,500 and Job G28 costing $77,000 during the month and transferred them to Finished Goods Inventory account H. Shipped Job G28 to the customer during the month. The job was invoiced 35% above cost
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