Question
Check my work Prepare journal entries to record the following production activities for Hotwax. 1. Requisitioned $9,300 of indirect materials for use in production of
Check my work Prepare journal entries to record the following production activities for Hotwax. 1. Requisitioned $9,300 of indirect materials for use in production of surfboard wax. 2. Incurred $178,000 overhead costs (credit Other accounts). 3. Applied overhead at the rate of 145% of direct labor costs. Direct labor costs were $105,000 in the Mixing department and $60,000 in the Shaping department.. Journal entry worksheet Journal entry worksheet Clear entry View general journal Note: - journal entry has been entered Record entry Journal entry worksheet
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