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Backflush Costing Kenkel, Ltd, uses backfush costing to account for its monufacturing costs. The trigger points are the purchase Prepare journal entries to account for

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Backflush Costing Kenkel, Ltd, uses backfush costing to account for its monufacturing costs. The trigger points are the purchase Prepare journal entries to account for the following: For a compound transaction, if an amount box does not require an entry, leave ir blank or enter "or. ir no entry required (Hint: use a single account for raw materials and work in process) of materials, the completion of goods, and the sale of goods. an entry, leave it blank or enter s required, type No entry requred and leave the amount boxes blank Hide a. Purchased raw materials, on account, $80,000. b. Requisitioned raw materials to production, $80,000. Hide C. Distributed direct labor costs, $10,000 d. Factory overhead costs incurred, $60,000. (Use Various Credits for the account in the credit part of the entry.) Hide e. Completed all of the production started f. Sold the completed production for $225,000, on account

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