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Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for
Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for direct labor usage is:
Direct materials used$91,000
Direct labor used 164,000
Predetermined overhead rate (based on direct labor) 160%
Goods transferred to finished goods 436,000
Cost of goods sold 448,000
Credit sales 814,000
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