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d1 (prepare journal entries record the assignment). next questions : b & d2 e f g h Crane Company uses a job order cost system
d1 (prepare journal entries record the assignment).
next questions : b & d2 e f g h
Crane Company uses a job order cost system and applies overhesd to pr oduction on the basis of direct labor costs. On daruary 1 , Was part of finishsd goods imentory. I here was a $19,900 balance in the Kaw Materials Inventary account on daruary, 1. During the month of Jaruary, Crane Compary bepan production on Jobs 51 and 52 , and completed Jobs 50 and 51 . Jots 49 and 50 munth. 1. Purrhaend adilitional raw matrriats of $11,400 an acment. 2. Incirmad factnry laber coses ot $28,20d. A. Aesigred ditecinslerials and dir rit labur to juls is iullows. 3. Asgignod indirsct materials of $21,420 and indiroct labor of 423,200 (d1) Prnparn the juurnal sentrins to moard the atsignmant ot (1) raw materials. 17) factarylabar, and (3) man. dacturing contwad matsStep by Step Solution
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