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Check my work mo NS Shows what Tor Me wo Yo Return to 12 Prepare journal entries to record the folowing production activities for Hotwax
Check my work mo NS Shows what Tor Me wo Yo Return to 12 Prepare journal entries to record the folowing production activities for Hotwax 10 points 1. Requisitioned $10,800 of indirect materials for use in production of surfboard wax. 2. Incurred $214,000 overhead costs (credit Other accounts). 3. Applied overhead at the rate of 160% of direct labor costs. Direct labor costs were $115,000 in the Mixing department and $75,000 in the Shaping department. No 1 Transaction 1 Answer is not complete. General Journal Factory overtread Raw materials inventory Debut Credit 10,800 10.800 2 2 Factory overhead Other accounts 214.000 214.000 0 3 3 Work in process inventory Maing Factory overhead 184,000 184,000
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