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a.ASSuming that the direct labor charged to the jobs still in process at June 30 amounts to S1,600, Compute ne amount of manufacturing overhead and
a.ASSuming that the direct labor charged to the jobs still in process at June 30 amounts to S1,600, Compute ne amount of manufacturing overhead and the amount of direct materials that have been charged to these jobs as of June 30. b. Prepare general journal entries to summarize: 1. The manufacturing costs (direct materials, direct labor, and overhead) charged to production during June. 2. The transfer of production completed during June to the Finished Goods Iventory account 3. The cash sale of 80 percent of the merchandise completed during June at a total sales price of $50,000. Show the related goods sold in a separate journal entry a.ASSuming that the direct labor charged to the jobs still in process at June 30 amounts to S1,600, Compute ne amount of manufacturing overhead and the amount of direct materials that have been charged to these jobs as of June 30. b. Prepare general journal entries to summarize: 1. The manufacturing costs (direct materials, direct labor, and overhead) charged to production during June. 2. The transfer of production completed during June to the Finished Goods Iventory account 3. The cash sale of 80 percent of the merchandise completed during June at a total sales price of $50,000. Show the related goods sold in a separate journal entry
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